Deloitte and the demise of RBS
One of Fred Goodwin’s first acts on being appointed Royal Bank of Scotland’s chief executive on 6 March, 2000 was […]
fraud
Occupy: “The dukes and earls in America’s great tower of bullsh*t are starting to blink”
What is Occupy Wall Street and what is it trying to achieve? There may be a good few Maoists, Trotskyists, Anarcho-Syndicalists
On banking, David Cameron is either clueless or a liar
David Cameron displayed an astonishing lack of understanding of the banking sector in his interview with Sarah Montague on the
Board’s role ‘off limits’ in police probe of alleged £1bn HBOS fraud
THE police force investigating an alleged £1 billion fraud at the former Reading operation of HBOS has no plans to probe
Britain is now ‘a financial rogue state, subverting safer finance’
A report rom the New Economics Foundation reveals that the UK has learnt nothing from the financial crisis of 2008-11. The report,
Why the Oscar for ‘Inside Job’ is a sort of turning point
Charles Ferguson’s movie about the financial crisis, Inside Job, released in the US in October 2010, richly deserved to win
Bill Black: “Our financial institutions are being run by sociopaths”
Bill Black. As I’ve said before, William K Black, professor of economics and law at the University of Missouri, and
William K Black: “This is the financial equivalent of ‘Don’t ask, don’t tell”.
Here is a clip from Dylan Rattigan’s show on MCNBC. In it Charles Ferguson, director of the forthcoming movie “Inside
Former HBOS banker bailed over alleged money-laundering
A former HBOS banker who has been linked to an alleged money-laundering scandal was arrested and bailed last week by
Banking’s Abu Ghraib
A fourth person has been arrested in relation to Thames Valley Police’s investigation into “corruption and large-scale fraud in connection
Bust air firm may provide key to HBOS “controls failures”
Directors of an aviation business that crash-landed owing HBOS £113 million in September 2007 were allowed to buy the business
Bank of Scotland Reading scandal suggests something was rotten at heart of HBOS [November 2008]
This article was written by Paul Hutcheon and me in November 2008 but has never before been published in its
Willam K Black: Many banks set out to defraud, but the authorities continue to turn a blind eye
It is astonishing that none of the bank executives who defrauded their own banks for personal gain before bringing down
FSA sued over “botched” Cameron Farley case
Investors say they lost £20m when Cameron Farley’s assets were not frozen. By Ian Fraser IT was a scene that
The secrets and lies of Gordon Brown
Gordon Brown recently branded Goldman Sachs “morally bankrupt” and asked the FSA to investigate it. Yet he has turned a
Skulking in Gresham Street
Lloyds Banking Group, AKA “the most hated bank in Britain“, today unveiled higher-than-expected annual losses of £6.3 billion. The Gresham
Examining HBOS
If Lloyds Banking Group or the UK authorities ever get round to properly investigating the £1bn HBOS Reading fraud, they
The curious incident of the regulator in the night–time
The media is barking up the wrong tree. Instead of obsessing about bonuses, they should be focusing on the HBOS
HBOS misled investors over £4bn rights issue, says former executive
Call for probe into ‘favourable gloss’ in rights issue prospectus. By Ian Fraser A FORMER Bank of Scotland senior executive
The end of laissez-faire?
REGULATION: The cataclysmic events in the financial world have turned the tide against faith in the self-correcting power of the