An Irish financier tells it like it is
“Greed, greed, and more fecking greed.” This video was available on YouTube last year. Then it disappeared. But it is […]
‘Project Merlin’ doesn’t quite do what it says on tin
Project Merlin, the wizard scheme originally dreamt up in 2010 by ex-Barclays chief executive John Varley and RBS chairman Sir
Carol Ferguson: Whitehall much easier to deal with than Brussels
The investment trust sector, eclipsed by the unit trust sector in the UK’s retail market, is due to receive a
Is the House of Lords’ crisis inquiry putting the FCIC to shame?
The many inquiries into the financial crisis have turned over plenty of stones but have failed to find any smoking
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
Mark-to-market is accounting a danger to capitalism
The interrogation of Barclays’ newly-installed chief executive Bob Diamond by the Treasury committee of the House of Commons last Tuesday
GARS: A fund for all seasons with simple secrets for success
Standard Life Investments runs one of the biggest and best performing diversified growth funds on the market. The Edinburgh-based group’s
Paul Moore: FSA lacks the competence to investigate bank failures
Paul Moore, former head group regulatory risk at HBOS, has cast doubt on the rigour of the Financial Services Authority’s
Danny MacAskill’s “Way Back Home”
This is remarkable. Okay the parkour-cycling phenomenon Danny MacAskill used a mobile home to carry him and his bike part
Bob Diamond living in La-La Land
The Barclays investment banker told MPs on the Treasury Committee that the “period of remorse and apology” is over, and
Charles Ferguson: The securitization food chain
Charles Ferguson, director of the seminal movie about the global financial crisis, Inside Job, has warned that we should continue
Eurozone ripe for break up
One of Scotland’s leading investors has added his voice to the growing chorus of analysts who see 2011 as a
Review of 2010: Has the eurozone been made ‘crisis-proof’?
In 2008-09 developed-world leaders were focused on sorting out the carnage left by years of weak regulation, poor management and
Francine McKenna: Ten things you need to know about ‘Big Four’ audit firms
I’ve long suspected that, where banking and finance sector clients are concerned, the Big Four audit firms see their role
On bankers’ bonuses, Osborne remains captivated
Ever since Gordon Brown bailed out Britain’s banks in October 2008, the saga of bonuses has become one of the
Charlie Munger: “The accounting profession is a sewer”
In this remarkable interview, Stanford University’s professor Joseph A. Grundfest talks Charlie T. Munger, vice-chairman of Berkshire Hathaway. It might
Dutch pension firm Mn leads charge to sue RBS for subprime exposure
Dutch asset management group Mn Services is preparing to sue the Royal Bank of Scotland for damages after the Edinburgh-based
FSA will publish RBS report but, given sanitization, what’s the point?
The saga of the Financial Services Authority supposed “review” of the Royal Bank of Scotland’s pre-implosion behaviour is getting more
RBS executives seem to think they’re above the law
As they scramble to shore up their balance sheets, Britain’s banks are treating some of their corporate and small 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
FSA’s attempts at an RBS whitewash take further knock… from WikiLeaks
A cable published by WikiLeaks and the Guardian suggests that, contrary to the recent “review” (or “whitewash”?) of RBS by