FT.com / UK – Bank profits were due to ‘luck, not skill’
Via FT.com / UK – Bank profits were due to ‘luck, not skill’: The superior performance of the financial services sector in the years leading…
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Kaletsky – How the ECB’s fig leaf has completely withered away
Via How the ECB’s fig leaf has completely withered away | Anatole Kaletsky: Economic view – Times Online : Last Wednesday, the European Central Bank…
Read MoreThe Earl of Caithness: “The Banking Bill fails to address the fault which has led to every major banking and currency crisis during the past 200 years”
Via Lords Hansard text for 5 Feb 200905 Feb 2009 (pt 0003): My Lords, the Banking Bill which we are currently discussing in the…
Read MoreChina’s banks are an accident waiting to happen to every one of us – Telegraph
Via China’s banks are an accident waiting to happen to every one of us – Telegraph: China’s banks are veering out of control. The…
Read MoreBritish banks highly vulnerable to future shocks, Bank of England warns – Telegraph
Via British banks highly vulnerable to future shocks, Bank of England warns – Telegraph: Britain’s banks remain over-indebted, highly vulnerable and harbour growing funding…
Read MoreMartin Wolf – Reform of regulation has to start by altering incentives
Via FT.com / Columnists / Martin Wolf – Reform of regulation has to start by altering incentives: At the heart of the financial industry are…
Read MoreMervyn King – change to the structure, regulation and culture of our banking system is necessary
Via Speech by MERVYN KING GOVERNOR OF THE BANK OF ENGLAND: We need to reflect more deeply on the nature of the failures before designing a…
Read MoreA Banking System We Can Trust – Forbes.com
Via A Banking System We Can Trust – Forbes.com: Turn all financial firms into mutual funds. Before throwing more money at Wall Street, let’s…
Read MoreUS Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph
Via US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph: Even if Congress backs the Paulson bail-out, the $700 billion blast…
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