It’s the Friedrich Hayek vs. John Maynard Keynes Rap (Part One)
This rap anthem featuring 20th century economists Friedrich August Hayek and John Maynard Keynes neatly encapsulates the ideological gulf between […]
Bust aviation firm bought for £7
Buy-back deal allows aviation firm Corporate Jet Services directors to avoid millions of pounds of debt to unsecured creditors Directors
Will Osborne’s shock therapy kill or cure the English patient?
Britain’s new chancellor of the exchequer, George Osborne, has this week come in for stinging abuse from neo-Keynesians, left-wing commentators
The inanity of corporate makeovers: Dixons became Dubious, Silly & Gratuitous after a Dreadful Summer for Gadgets (DSG)!
The absurdities of short term corporate makeovers are hilariously exposed by Andrew Hill, in today’s Lombard column in the Financial
Zermatt Summit: great and the good gather to ‘humanise globalisation’
The ghost of a dead economist was haunting the Zermatt Summit, a new annual event on the subject of ‘humanizing
Here’s hoping for a saner libel regime
The UK libel laws are so biased towards deep-pocketed litigants eager to block free speech that the UK was recently
Have the Bilderbergers shed their shroud of secrecy?
The Bilderberg Meetings have traditionally been shrouded in secrecy. But this year, for the first time ever, the organisers have
Putting the house in order
With a new government tackling the nation’s finances, political flash points will appear, warns Ian Fraser With the unprecedented political
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
I’m still in the game, says Murray, as Lloyds calls the shots
The tycoon, whose wealth has shrunk, tells Ian Fraser he has made mistakes but is bullish on the future Sir
Banks need unified global rules, says Lloyds chair Win Bischoff
SIR WIN BISCHOFF, chairman of Lloyds Banking Group, which is 41% owned by the British state, has said governments and
Scottish Agenda: We can’t rely on bankers to curb bankers’ pay
The Labour government’s laissez-faire approach to executive pay was to assume the market’s hidden hand would do its work. From
Rangers fans threaten Lloyds Bank boycott
Lloyds Banking Group has been warned that Rangers Football Club fans will boycott it unless it continues to support the
Murray: David Cameron best for the country
David Cameron has received a boost in Scotland ahead of the general election from Sir David Murray, the Rangers owner,
Scottish pension funds fight to reclaim European tax
Strathclyde Pension Fund and Highland Council Pension Fund, two of Scotland’s largest public-sector pension schemes, are in the vanguard of
Goldman Sachs’ stance marks Gordon Brown out as a man without shame
You may remember the classic scene in Casablanca in which the police captain Louis Renault raids Rick’s Cafe claiming to
The SEC’s case against Goldman Sachs is a turning point for Wall Street
The torrent of speculation surrounding the SEC’s attempt to nail the “giant vampire squid” (a.k.a. Goldman Sachs) over alleged fraudulence
Brown is “shocked, shocked” to discover gambling’s been going on
Gordon Brown has condemned Goldman Sachs for defrauding buyers of a toxic CDO yet has condoned similar activities by British
Eurozone ‘at risk’ unless ECB softens currency line
The entire eurozone is at risk unless the European Central Bank softens its stance towards the value of the euro
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