Things we're reading today include … Today's must readThis is how we let the credit crunch happen, Ma'am … (Guardian)"A group of eminent economists has written to the Queen explaining why no one foresaw the timing, extent and severity of the recession … 'In summary, Your Majesty', they conclude, 'the failure to foresee the timing,…
The biggest news stories of the week include: Stock Traders Find Speed Pays, in Milliseconds (New York Times)The Misery Index (the Huffington Post)Barclays and RBS 'will need billions more in capital' (Telegraph)Lord Myners attacks bankers’ greed and finds God (Times)Brussels gives UK five years to fix RBS and Lloyds (Telegraph)UK economy will only make full recovery in 2014, thinktank…
Things we're reading today include … Today's must readStock Traders Find Speed Pays, in Milliseconds (New York Times)"It is the hot new thing on Wall Street, a way for a handful of traders to master the stock market, peek at investors’ orders and, critics say, even subtly manipulate share prices. It is called high-frequency…
Things we're reading today include … Today's must readStock Traders Find Speed Pays, in Milliseconds (New York Times)"It is the hot new thing on Wall Street, a way for a handful of traders to master the stock market, peek at investors’ orders and, critics say, even subtly manipulate share prices. It is called high-frequency…
Things we're reading today include: Today's must read I don't like to headline the blog with something called "The Misery Index", but the Huffington Post did so, if it's good enough for them, then it's good enough for me. "The original Misery Index is a formula created by economist Arthur Okun that adds the current…
Things we're reading today include: Today's must read I don't like to headline the blog with something called "The Misery Index", but the Huffington Post did so, if it's good enough for them, then it's good enough for me. "The original Misery Index is a formula created by economist Arthur Okun that adds the current…
Things we're reading today include: Today's must read I don't like to headline the blog with something called "The Misery Index", but the Huffington Post did so, if it's good enough for them, then it's good enough for me. "The original Misery Index is a formula created by economist Arthur Okun that adds the current…
Things we're reading today include … Today's must readVoice technology firm under fire (BBC)"Spinvox's service aims to convert voice messages into text messages using advanced speech recognition software. But claims to the BBC suggest that the majority of messages have been heard and transcribed by call centre staff in South Africa and the Philippines." Companies Lloyds…
Things we're reading today include: Today's must readTypewrite & wrong: NYPD spends $1m on relics (New York Post) "The city is plunking down nearly $1 million on typewriters for its keystroke cops. That's right — typewriters." Barclays dips on fears it may need more funds (Telegraph)Barclays and RBS 'will need billions more in capital' (Telegraph)Deutsche bankers…
Things we're reading today include: Today's must readTypewrite & wrong: NYPD spends $1m on relics (New York Post) "The city is plunking down nearly $1 million on typewriters for its keystroke cops. That's right — typewriters." Barclays dips on fears it may need more funds (Telegraph)Barclays and RBS 'will need billions more in capital' (Telegraph)Deutsche bankers…
