Banks form alliance to stop G20
I had an interesting (but competely April Fooled fictional) conversation with the Chief Executive of one of the UK’s largest banks last night. He was telling me about a new bank alliance that has been formed to address their concerns over what the G20 might do about bank bonuses, taxation, lending, governance and general operations….
Yes, Prime Minister: the Northern Rock Episode
This week saw the first discussions of a possible sale of Northern Rock back into the private sector. This is the bank that signalled the real start of the credit crisis when it went under during the summer of 2007 and had to be nationalised. Interestingly, the press have all started speculating who is going…
Barclays Capital is not just any old investment bank
I love the understatement in some magazines when they refer to companies. For example, they might say: “according to a report today from Microsoft, a software company”; or, “in the news today the BBC, a broadcasting company” … a bit like US reports saying: “news today from London, England” or “Paris, France”. OK, OK, I…

Ben Bernanke’s lost iPhone
Apparently, Ben Bernanke lost his iPhone recently. The guy who found it took a screenshot of an exchange between Bernanke and Tim Geithner, with the Fed demanding the Government's overdrawn balance be cleared. The date of the exchange was Halloween 2010, a few days before Bernanke agreed to $600 billion of money to be issued…
Talking about banker’s bonuses
“Now then Brasher, what’s all this I hear about a clampdown on bonuses?” Sir Winston Albert Grant, Chairman of MegaBank Corp (MBC) and generally known by his colleagues as WAG, roared across the table at Roger Hughes, the new Chief Compliance Officer for MBC. Roger was called Brasher by WAG because every time he came…
Argh – Eric Cantona calls for a revolution!!!
Eric Cantona, the charismatic and gifted French footballer, has ignited the fire to bring down the banking system on 7th December 2010. Here's what he said: "We don't pick up weapons to kill people, to start the revolution… the revolution is really easy to do nowadays. What is the system? The system revolves around the…
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