Category Archives: finances

economic systems

Aren’t we optimistic?

It will take five to 10 years to rebuild public trust in banks. That’s not my assessment. This is what Antony Jenkins, the Group Chief Executive of Barclays said recently . Well, he knows a thing or two, as the … Continue reading

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It is so predictable that it is almost boring. Bloomberg Businessweek June 17, 2013: FX market has been regularly rigged. Dealers collude to manipulate rates for the disadvantage of customers. For those of you who have no idea what the … Continue reading

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Nasdaq meltdown

From today’s Guardian: “A series of system crashes affecting Google, Amazon, Apple and Microsoft in the past fortnight has brought warnings that governments, banks and big business are over-reliant on computer networks that have become too complex.” … and then … Continue reading

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The soft underbelly of finances

I went out of my comfort zone and had “Brussels for Breakfast”. It tasted good. It was, of course, a meting in the City (with sandwiches and pastry, to be honest), organised by CSFI and devoted to intricacies of financial … Continue reading

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The lesser evil of trust

What if you have two bad choices and you have to choose one? You go for a lesser evil – the one that relatively looks better because it hurts less. What if you have no-one to trust and you have … Continue reading

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