CNBC: Corrigan discusses EFSF increase
byIn his latest appearance on CNBC, Sean Corrigan discusses the EFSF increase and the upcoming stealth bailout of european banks.
Bailout
The Fed is very nearly bust
by Mark GoodhandIn his latest article for ConservativeHome, Steve Baker considers the viability of America’s central bank: A review of the US Federal Reserve’s own document:…
Birth and Death of the Celtic Tiger
by Jonathan EscottIn 2008 Eurostat reported that Ireland was the second richest country in the EU. Less than three years later, Max Keiser presents us with…
Financial Pain in Spain Falls Mainly on… Spain?
by David HowdenFor over a decade we have heard reports of China’s increasing world dominance. Yet while Beijing has amassed a large war chest of savings…
Are German Dilemmas Causing European Problems?
by David HowdenThe European monetary union is being held together tenuously. After putting €110bn. on the line to save Greece earlier this year, the tab increased…
Message to the Pensions Minister: You cannot improve things by distorting free markets
by Gordon KerrThe Daily Telegraph reports today that: About 60% of private sector pension schemes “have clear rules” entitling retirees to annual increases in their pensions…
Regulating while Europe burns
by Gordon KerrBritain and the Eurozone hover on the Brink of Banking and Monetary Collapse. Our response? More Regulation. The European Central Bank’s head, Jean Claude…
Why Vince Cable should be both praised and ridiculed for forcing banks to lend
by Gordon KerrA lifelong friend in a senior position at a major UK bank confirmed to me privately that last week’s news that banks were approving…
Hands off our banks! Neelie Kroes decrees that Britain must split and sell rescued banks now!
by Chris NealChris Neal outlines his tax payers’ revolt. In October 2008 Messrs Brown and Darling assured the British tax payer that we had a reasonable…
Lloyds seeks £23bn to exit state scheme – Times Online
by Steve BakerLloyds will announce within days a controversial £23 billion fundraising that will bolster its balance sheet and finally repair the damage caused by its…