Paul Moore: if profit’s the only goal, people inevitably pursue improper means
Calls for a radical rethink of the political and economic system from the “HBOS whistleblower”, Paul Moore, could not have […]
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Andy Haldane’s proposals for breaking the bankers’ doom loop
For a central bank director, Andy Haldane is remarkably alert to the widening cracks in the global financial system. Delivering the
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
Chris Hedges on Occupy: “People have finally woken up to the kleptocracy that we live in”
Pullitzer prize-winning war correspondent and author Chris Hedges last week gave thie interview to Occupy TVNY, about fast-growing Occupy Wall
Slowly, but surely, the media wakes up to Occupy Wall Street
How well or badly has the mainstream media done with its Occupy Wall Street coverage? In my view they started out
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
Now it’s London’s turn
It looks like the City of London is about to be occupied too. A group calling itself Occupy London intends
Is BBC’s independent trader Alessio Rastani a prankster?
There has been much speculation that the “trader” who appeared on the BBC News channel yesterday may be prankster, and
Charting the psychological journey of UBS “rogue” trader Kweku Adoboli
The gigantic $2.3 billion losses that Union Bank of Switzerland is blaming on a Ghanaian-born “rogue” trader have added power
Is RBS getting value for money from its £200m annual legal bill?
Royal Bank of Scotland spends over £200 million a year on legal fees and employs some of the finest legal minds
How much did UBS know about Kweku Adoboli’s trades?
So, after Nick Leeson and Jerôme Kerviel, another ‘rogue’ trader is about to enter the annals of banking infamy. This
Without a proper inquiry into what went wrong, John Vickers risks tilting at windmills
The Independent Banking Commission was established by the UK’s coalition government in June 2010 as a means of kicking a thorny and
Did Sir John Vickers’ Independent Banking Commission go far enough?
This morning I was listening to Nicky Campbell’s phone-in programme on BBC Radio 5 Live. The topic was the final
Ry Cooder | No banker left behind
In his new song, “No Banker Left Behind”, Ry Cooder channels Woody Guthrie to expose the havoc bankers have wrought
It’s dawning on policymakers that letting bankers take the wheel means the economy gets driven into a cul-de-sac
There are eerie parallels between the continuing precipitous falls in the shares of European and UK banks and the stomach-churning
Save the euro: it’s too early for Europe’s leaders to crack open the champagne
The package of measures thrashed out by French president Nicolas Sarkozy, German chancellor Angela Merkel and other European leaders at
Accountancy lost sight of its primary role to the detriment of us all
Accountancy has changed beyond recognition since the 1970s. At that time the accountancy professor Roy Sidebotham wrote: “There seems to be
Horta-Osório’s attempt to reinvent Lloyds is doomed unless the addresses sins of past
Hounded by HBOS as Horta-Osorio urges Lloyds staff to “bring out their dead” The patience of António Horta-Osório, the Portuguese-born
Steve Baker’s bill would expose banks’ false profits, overstated capital and disguised losses
My work on the flawed nature of “mark-to-market” accounting and IFRS accounting standards has been included as supporting evidence in
David Harvey: Crises of capitalism
In this RSA Animate, Professor David Harvey examines the causes of the global financial crisis and suggests it is time to look
Alex Salmond’s silence on banking is “elephant in room” for Scottish independence
Since Alex Salmond’s Scottish National Party secured a majority in Scotland’s parliamentary elections on 5 May, there has been much debate about