1 day ago by The Manager

Last month, we learned that RBS CEO Fred Goodwin would be stripped of his knighthood, something that usually happens to spies and dictators. Goodwin, who earned his knighthood for his banking accomplishments, has led a bank that has been forced to take huge bailouts from the government, much to the ...

bankingvision.co.uk - bankingvision.co.uk

3 days ago by Marilou Long

Crossvault Capital Management - crossvault.com · 2 references

4 days ago by Dan Denning

The RBA announces its decision on interest rates today. Will the bank cut the cash rate from 4.25% to 4.00%? That's an interesting question. But is it relevant? ANZ is just one of the Australian banks to go on record and say that the RBA's price of money isn't what ANZ pays. See the 12 December 2011 ...

The Daily Reckoning Australia - dailyreckoning.com.au · Rank: 16,971 · 7 references

9 days ago by Terry Smith

Today’s Financial Times published my letter to the Editor concerning Fred Goodwin. Here is the letter in full. From Mr T.C. Smith. Sir, For Fred Goodwin to follow in the footsteps of traitors, dictators and fraudsters in being stripped of his knighthood seems extreme. He did not make the decisions t ...

Terry Smith Straight Talking - terrysmithblog.com/straight-talking · 22 references

10 days ago by Marilou Long

I contend that crony capitalism, where the government picks winners and losers, is a big part of our dissatisfaction right now. Thanks to Glenn Reynolds at Instapundit for the reminder about this clip.

Crossvault Capital Management - crossvault.com · 2 references

13 days ago by stripedcat

A poll on the Economist asks “Will the Euro survive 2012 intact?”. Since December 6th, 72,133 readers answered. Source: The Economist

BerlinRomExpress - berlinromexpress.wordpress.com · Rank: 103,903 · 5 references

14 days ago by Jeff Snell

There are definitely two categories of people when it comes to removing a Band-Aid… the slow, easy-does-it kind of style and the rip-and-cringe-but-get-it-over-with style. I count myself among the latter group. Although it hurts like hell, it’s over quickly and I can get on to other things. And so i ...

JR Snell Capital ... - jrscm.com

14 days ago by Riskelia

The risky assets revival may be good news for markets as a whole… certainly not for safe haven sovereign bonds… In figure 1, we have represented a bond total return index since 2000 (composed of Gilt, T Notes of different maturities, Bund, Bobl, Schatz) together with the average bond bubble on the s ...

Riskelia's blog - riskelia.com/blog · 4 references

17 days ago by stripedcat

The cheeky video is nice…and I really hope that Berlin can boost its employment rate. For sure the quality of life for young people studying or starting their career is higher than all other European’s cities. But job opportunities are still scarce, as Berlin is probably the German city which export ...

BerlinRomExpress - berlinromexpress.wordpress.com · Rank: 103,903 · 5 references

17 days ago by Marilou Long

Private holders of Greek debt have not been able to reach an agreement with the EU finance ministers on restructuring the terms of their Greek debt holdings. They hold 60% of the outstanding debt, and they don’t want to accept a new rate less than 4% on those holdings. The EU wants the private debt ...

Crossvault Capital Management - crossvault.com · 2 references