Only an investment bank could be this obtuse
“Government powerless to intervene in non-banking industry THE GOVERNMENT HAS confirmed there is absolutely nothing it can do to save the non-London-based steel industry. As thousands…
Living off immoral earnings
“You’re not only wrong. You’re wrong at the top of your voice.” – John J Macreedy (Spencer Tracy) in ‘Bad Day at Black Rock’….
Dammit, Janet
According to Einstein, time is affected by gravity. Clocks far from strong gravitational fields run more quickly; those close by run more slowly. We…
Rolling boulders uphill
As symbols of futility go, that of Sisyphus takes some beating. In Greek mythology, Sisyphus was captured by the gods after having freed humanity…
But what does it mean?
“Risk is what’s left over when you think you’ve thought of everything.” – Carl Richards. By the time this financial crisis is over, a…
Still dancing?
“Bubbles are the only things that matter. The rest of it is boring. You show up for work, markets are at normal levels, and…
All out of bubblegum
“I have come here to chew bubblegum and kick ass. And I’m all out of bubblegum.” – ‘Nada’ (Roddy Piper) in the film ‘They…
Goldhead revisited
The following article first appeared in the print edition of The Spectator magazine, dated 4 May 2013. Few assets are more misunderstood than gold….