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	<title>Ian Fraser &#187; Article Library</title>
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	<link>http://www.ianfraser.org</link>
	<description>Journalist, Blogger, Broadcaster</description>
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		<title>The media frenzy about RBS bonuses and Fred Goodwin&#8217;s knighthood is a sideshow</title>
		<link>http://www.ianfraser.org/the-media-frenzy-about-rbs-bonuses-and-fred-goodwins-knighthood-is-a-sideshow/</link>
		<comments>http://www.ianfraser.org/the-media-frenzy-about-rbs-bonuses-and-fred-goodwins-knighthood-is-a-sideshow/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 16:45:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[BBC]]></category>
		<category><![CDATA[bonuses]]></category>
		<category><![CDATA[Channel 4 News]]></category>
		<category><![CDATA[David Cameron]]></category>
		<category><![CDATA[Ed Miliband]]></category>
		<category><![CDATA[Financial Services Authority (FSA)]]></category>
		<category><![CDATA[Fred Goodwin]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[Guardian]]></category>
		<category><![CDATA[Jon Snow]]></category>
		<category><![CDATA[Matthew Greenburgh]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[Philip Augar]]></category>
		<category><![CDATA[Queen Elizabeth II]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland]]></category>
		<category><![CDATA[Royal Bank of Scotland (RBS)]]></category>
		<category><![CDATA[Simon Jenkins]]></category>
		<category><![CDATA[stephen Hester]]></category>
		<category><![CDATA[STV]]></category>
		<category><![CDATA[Tags: Andrea Orcel]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=6031</guid>
		<description><![CDATA[By Ian Fraser Published: QFINANCE Date: February 2nd, 2012 Financial commentators are, suddenly, in demand and it&#8217;s largely down to the continuing failure of banks to properly reform themselves in the wake of the global financial crisis and the current public rage about bankers who continue to award themselves massive pay packages even though their [...]]]></description>
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		<title>Are hedge funds and private equity funds fleecing their investors?</title>
		<link>http://www.ianfraser.org/are-hedge-funds-and-private-equity-funds-fleecing-their-investors/</link>
		<comments>http://www.ianfraser.org/are-hedge-funds-and-private-equity-funds-fleecing-their-investors/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 10:02:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Financial Times]]></category>
		<category><![CDATA[Hedge Fund Research]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[Honestly Banking]]></category>
		<category><![CDATA[leveraged buyout]]></category>
		<category><![CDATA[Matthew Yglesias]]></category>
		<category><![CDATA[Paul Amery]]></category>
		<category><![CDATA[prime broker]]></category>
		<category><![CDATA[principal-agent problem]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[The Economist]]></category>
		<category><![CDATA[The Hedge Fund Mirage]]></category>
		<category><![CDATA[total return]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=6023</guid>
		<description><![CDATA[By Ian Fraser Published: QFINANCE Date: February 1st, 2012 The Berkshire Hathaway chairman Warren Buffett (pictured above playing the ukelele) once famously quipped that a hedge fund is a “compensation scheme masquerading as an asset class”. The remark, a reference to the fact that many hedge funds provide investors with feeble returns whilst massively enriching intermediaries (the hedge fund [...]]]></description>
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		<item>
		<title>Mform boss counts costs of &#8216;moment of stupidity&#8217;</title>
		<link>http://www.ianfraser.org/mform-boss-counts-costs-of-moment-of-stupidity/</link>
		<comments>http://www.ianfraser.org/mform-boss-counts-costs-of-moment-of-stupidity/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 07:55:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[Andersen]]></category>
		<category><![CDATA[Artemis]]></category>
		<category><![CDATA[Bill Main]]></category>
		<category><![CDATA[Braid Hills]]></category>
		<category><![CDATA[Eamonn Rice]]></category>
		<category><![CDATA[Edinburgh]]></category>
		<category><![CDATA[Ernst & Young]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[ICAS]]></category>
		<category><![CDATA[Mform]]></category>
		<category><![CDATA[Mike Ross]]></category>
		<category><![CDATA[PWC]]></category>
		<category><![CDATA[RSM Tenon]]></category>
		<category><![CDATA[Tesco Bank]]></category>
		<category><![CDATA[Tom MacLellan]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5856</guid>
		<description><![CDATA[By Ian Fraser Published: Sunday Herald Date: January 15th, 2012 Eamonn Rice struck off by ICAS for professional misconduct One of Scotland&#8217;s highest-profile chartered accountants has described as &#8220;excessive&#8221; the ruling that led to his being struck off by the professional body, the ICAS. Eamonn Rice, a former partner and head of financial services at [...]]]></description>
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		<item>
		<title>Deloitte and the demise of RBS</title>
		<link>http://www.ianfraser.org/deloitte-and-the-demise-of-rbs/</link>
		<comments>http://www.ianfraser.org/deloitte-and-the-demise-of-rbs/#comments</comments>
		<pubDate>Sun, 18 Dec 2011 08:38:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[Latest Articles]]></category>
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		<category><![CDATA[audit]]></category>
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		<category><![CDATA[Barlow Clowes]]></category>
		<category><![CDATA[Deloitte]]></category>
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		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Fred Goodwin]]></category>
		<category><![CDATA[FSA]]></category>
		<category><![CDATA[John Connolly]]></category>
		<category><![CDATA[Lord Lawson]]></category>
		<category><![CDATA[RBS]]></category>
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		<category><![CDATA[Steve Almond]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5717</guid>
		<description><![CDATA[By Ian Fraser Published: Sunday Herald Date: December 18th, 2011 One of Fred Goodwin’s first acts on being appointed RBS&#8217;s chief executive in 2000 was to sack PWC as auditors and to wheel in his &#8216;alma mater&#8217;, Deloitte. Ex-insiders suggest this was because Goodwin believed that Deloitte – where he cut his teeth in the [...]]]></description>
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		<title>KPMG and the HBOS whistleblower</title>
		<link>http://www.ianfraser.org/kpmg-and-the-hbos-whisteblower/</link>
		<comments>http://www.ianfraser.org/kpmg-and-the-hbos-whisteblower/#comments</comments>
		<pubDate>Sun, 18 Dec 2011 08:01:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[Abbey National]]></category>
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		<category><![CDATA[Paul Moore]]></category>
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		<category><![CDATA[PWC]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5712</guid>
		<description><![CDATA[By Ian Fraser Published: Sunday Herald Date: December 18th, 2011 KPMG was already auditing Halifax when the ex-building society merged with the Bank of Scotland a decade ago, and the audit firm took over responsibility for checking the HBOS books from September 2001. The firm fulfilled this function until HBOS had to be rescued via [...]]]></description>
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		<title>The FSA&#8217;s cosy deals are a travesty of regulation</title>
		<link>http://www.ianfraser.org/the-cosy-backroom-deals-favoured-by-the-fsa-are-a-travesty-of-regulation/</link>
		<comments>http://www.ianfraser.org/the-cosy-backroom-deals-favoured-by-the-fsa-are-a-travesty-of-regulation/#comments</comments>
		<pubDate>Mon, 05 Dec 2011 18:31:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.ianfraser.org/?p=5576</guid>
		<description><![CDATA[By Ian Fraser Published: QFINANCE Date: December 5th, 2011 Ever since its failures as a regulator first became widely apparent with the collapse of Northern Rock in September 2007, the UK&#8217;s Financial Services Authority has shown a remarkable lack of enthusiasm for rooting out financial crime, and very little introspection or contrition about its own pre-crisis performance. The reported [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>St Paul&#8217;s Institute shines a light on the City&#8217;s dark heart</title>
		<link>http://www.ianfraser.org/st-pauls-institute-shines-a-light-on-the-city-of-londons-dark-heart/</link>
		<comments>http://www.ianfraser.org/st-pauls-institute-shines-a-light-on-the-city-of-londons-dark-heart/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 16:44:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[bankers]]></category>
		<category><![CDATA[bankers' pay]]></category>
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		<category><![CDATA[executive pay]]></category>
		<category><![CDATA[Giles Fraser]]></category>
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		<category><![CDATA[St Paul's Institute]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5568</guid>
		<description><![CDATA[By Ian Fraser Published: QFINANCE Date: December 1st, 2011 The bizarre contortions that the Church of England got itself into over the protesters who are camping outside St Paul’s Cathedral are nothing when compared to the tortured mindsets of many of those who work in the City of London. The survey Value and Values: Perceptions of [...]]]></description>
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		<title>Invista sues Lloyds over non-payment of fees</title>
		<link>http://www.ianfraser.org/invista-sures-lloyds-over-non-payment-of-fees/</link>
		<comments>http://www.ianfraser.org/invista-sures-lloyds-over-non-payment-of-fees/#comments</comments>
		<pubDate>Sat, 26 Nov 2011 23:12:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Article Library]]></category>
		<category><![CDATA[Latest Articles]]></category>
		<category><![CDATA[BoNY Mellon]]></category>
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		<category><![CDATA[Douglas Ferrans]]></category>
		<category><![CDATA[Dundas & Wilson]]></category>
		<category><![CDATA[Eric Daniels]]></category>
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		<category><![CDATA[Jones Day]]></category>
		<category><![CDATA[Lloyds]]></category>
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		<category><![CDATA[SWIP]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5461</guid>
		<description><![CDATA[By Ian Fraser Published: Sunday Herald Date: November 27th, 2011 Picture: courtesy of eFinancialNews Asset managers lose patience over £500,000 unpaid bill  Lloyds Banking Group, whose shares tumbled last week on investor concern that it is in “chaos”, is being sued by an Aim-listed fund management company in which it owns a majority stake. Invista [...]]]></description>
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		<title>IMF raises red flags about China&#8217;s financial system</title>
		<link>http://www.ianfraser.org/imf-raises-red-flags-about-chinas-financial-system/</link>
		<comments>http://www.ianfraser.org/imf-raises-red-flags-about-chinas-financial-system/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 11:49:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[property tax]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5329</guid>
		<description><![CDATA[By Ian Fraser Published: QFINANCE Date: November 17th, 2011 In its first ever formal assessment of the stability of China&#8217;s financial system, the International Monetary Fund has blamed heavy-handed state intervention for creating &#8220;vulnerabilities&#8221; in the system, at the same time as providing Beijing with a detailed blueprint for reform. What the IMF recommended and China&#8217;s reaction [...]]]></description>
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		<title>Mark Carney – The new sheriff in finance&#8217;s global village</title>
		<link>http://www.ianfraser.org/mark-carney-%e2%80%93-the-new-sheriff-in-finances-global-village/</link>
		<comments>http://www.ianfraser.org/mark-carney-%e2%80%93-the-new-sheriff-in-finances-global-village/#comments</comments>
		<pubDate>Thu, 10 Nov 2011 15:59:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[The Usual Suspects]]></category>

		<guid isPermaLink="false">http://www.ianfraser.org/?p=5283</guid>
		<description><![CDATA[By Ian Fraser Published: QFINANCE Date: November 10th, 2011 The wild swings in global liquidity that continue to distort economies around the world might, if left unchecked, trigger the end of open capital markets and free trade, Bank of Canada governor Mark Carney warned in a recent speech. Carney, named head of the G20’s Financial Stability [...]]]></description>
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