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Financial Services

This category contains 3 posts

No1 reason why business and the manufacturing /industrial sectors in the UK have suffered in recent years

” OK, you might say, but this has always been going on. But it hasn’t. This sort of utterly amoral screw-everyone capitalism has become much more prevalent in the last 15 years. Our financial elite is now totally out of control. They learned nothing from the crisis, except that the rest of us were stupid … Continue reading

Moody’s hanky-panky

The other day I managed to watch a screening of America has got talent. Thoroughly enjoyed seeing seemingly normal people (and a good number of abnormal ones) make such fools of themselves. Priceless. :-). The next morning, there was Lord Foulkes (Labour Cooperative) on BBC Parliament  debating with others in the House of Lords the … Continue reading

Bonuses, Repossessions and the Credit crisis: In defence of the prudent banker

If you follow this blog, you will see that I seldom take sides. Such, is the true nature of impartial commentary (which sadly very few bother with nowadays) that it gives both sides an equal punt at casting their lots. In any case, if I vouch only for material that has my thumbs up,  but … Continue reading