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Thanks Darling – Thoughts on the PBR

Some reflections on the PBR Greece had its sovereign debt rating downgraded this week. It now has the lowest rating in the eurozone, closely followed by Ireland. So what does this mean for the UK's...

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Change we can believe in?

Change we can believe in? There was a heck of a lot of talk in the intimidate aftermath of the credit crunch regarding regulatory changes that would be made, but what if anything has actually been...

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Finally – Real, lasting reform

I touched on this in a previous (rather rambling) post. Up until now, there have been no real hard hitting reforms in regard to banking regulation. Well that all changed today. Just in case you missed...

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Animated bank reforms

The FT have put up an excellent presentation on the reforms proposed by President Obama Clicky As the conclude at the end, it will be interesting to see what kind of watered down reform gets through...

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Swimming naked

I love this quote from Warren Buffet: "It's only when the tide goes out that you find out who's been swimming naked" For me it kind of sums up this whole financial crisis. From RBS to Greece, the...

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Hung parliament, really?

Apologies, but I need a rant this morning. This morning I work up in a great mood that was soon dashed. I've thoroughly enjoyed living in Vancouver throughout the winter Olympics. There has been a...

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Extended volcanic weekend reading

I've had a lot of time to kill over the last few days thanks to busy travel schedule made even busier by the volcano. We were due to fly from Vancouver at 4 on Thursday via the cheapo Canadian Affair...

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