Monthly Archives: June 2012

Pot meets kettle

Posted on June 29, 2012 by

Something went very wrong with the UK banking industry and we need to put it right. If only Mervyn King would apply his comments to the organisation he leads… the organisation responsible for boom and bust via the manipulation of … Continue reading →

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Barclays fined for doing the Bank of England’s job

Posted on June 27, 2012 by

It appears that only the Bank of England is allowed to manipulate interest rates: Barclays bank will pay penalties of £290m ($450m) for trying to rig the key interest rates at which banks lend money to each other. If it’s wrong for … Continue reading →

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On the Spanish bailout

Posted on June 10, 2012 by

The European Union’s economic affairs commissioner, Olli Rehn, said the deal should help calm investors’ nerves: “This is a very clear signal to the markets, to the public, that the euro area is ready to take decisive action in order … Continue reading →

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The price of free speech

Posted on June 10, 2012 by

In light of the UK Leveson inquiry into media ethics, and recent cases of people being sent to prison for drunken racist rants while on the Tube, this Australian video is a good reminder of the need to stand up for … Continue reading →

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