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Stories by the author
The Grand Charade Of UK’s Most Dangerous Banker
Barclays Chief Executive Bob Diamond surprised many this month when he admitted on a lecture broadcast on BBC Radio 4 Today that banks had done a “poor job” of...
Reclaiming Economics As A Moral Science
Many believe that science is about innovation that can improve the living conditions of humanity. For decades, the study of economics was conceived and taught as a “moral science,”...
Is Occupy Wall Street Bringing Back “Real” Capitalism?
Modern capitalism, as we know it, is a sick and distorted perversion of its true origins. Since the 1980s, the form of capitalism that has dominated western economies...
Appetite For Self-Destruction: Have Rating Agencies Lost The Plot?
If Moody’s, Fitch and Standard & Poor’s had a decent public relations consultant he/she would advise a calm period of low profile, or, in other words, the exact...
Can China Alone Save the Eurozone?
China is under pressure to bailout European countries facing debt crises. It is in the interest of China to save the eurozone, but China so far seems...
Strikeout! A Triumvirate of Failure: Bernanke, Obama and Trichet
6 October 2011. In the course of the past few days, three leading figures attempted to redirect the attention of the markets by giving positive speeches about economic...
Inside The Mind Of The UBS ‘Rogue’ Trader
30 September 2011. There have been many rogue traders in the course of financial history. Bernard “Bernie” Madoff operated the world’s largest Ponzi scheme and was sentenced to 150 years...
Vickers’ Banking Reforms: Yay or Nay?
23 September 2011. Sir John Vickers recently unveiled the Independent Banking Commission’s proposed reforms for the United Kingdom’s bloated and dysfunctional banking sector. In the 358-page article, neither the...
Takeover Turmoil: Problems Pile Up For The Bank of America
16 September 2011. In 2008, the Bank of America (BoA) purchased Countrywide Financial for US$4 billion. However, in the aftermath of the housing bubble bust, the purchase of...
Haven and Hell: Norway’s Looming Economic Dilemma
13 September 2011. The Norwegian economy has thus far shown remarkable resilience to the global financial crisis. The Norwegian krone is seen as a reliable currency, while many investors...