On the 27th September 2009 I made a speech to the English Democrats AGM and autumn conference entitled “ The ABC of Banking Regulation” (http://bit.ly/u2vCYM). I made the speech because as I said, “It [the bank crisis] happened because we had the lightest touch, and probably the most dysfunctional, bank regulatory scheme going”. The recent report on the Royal Bank of Scotland failure (the RBSR) by the Financial Services Authority, who were responsible for regulation, appears to agree with me.
Category Archives: banking
Banking Regulation – A Revisitation
On the 27th September 2009 I made a speech to the English Democrats AGM and autumn conference entitled “ The ABC of Banking Regulation” (http://bit.ly/u2vCYM). I made the speech because as I said, “It [the bank crisis] happened because we had the lightest touch, and probably the most dysfunctional, bank regulatory scheme going”. The recent report on the Royal Bank of Scotland failure (the RBSR) by the Financial Services Authority, who were responsible for regulation, appears to agree with me.
Banking Regulation – A Revisitation
On the 27th September 2009 I made a speech to the English Democrats AGM and autumn conference entitled “ The ABC of Banking Regulation” (http://bit.ly/u2vCYM). I made the speech because as I said, “It [the bank crisis] happened because we had the lightest touch, and probably the most dysfunctional, bank regulatory scheme going”. The recent report on the Royal Bank of Scotland failure (the RBSR) by the Financial Services Authority, who were responsible for regulation, appears to agree with me.
City Bonuses Are Not Enough!
The Financial Times reported today that 35% of City professionals were dissatisfied by the size of their bonus!
Apparently some 79% of them got a bonus this year, paid out of a bonus pool of £7 billion which was much the same as the previous year.