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Archive for: July, 2008

Paul Penrose - Finextra - London | 23/07/2008 | 3550 views

Wall Street got drunk

Words of wisdom from President George W Bush on the financial malaise gripping the world economy and the sub-prime mortgage crisis, captured surreptitiously on video at a private event and posted on YouTube. More hilarity - only this time of the genuinely funny kind rather than hysterical - from the Daily Show with Jon Stewart, comparing and contr... Tags: Retail banking, Wholesale bankingGroup: Video extravaganza

Paul Penrose - Finextra - London | 23/07/2008 | 3811 views | 1 comment

Cityboy: The musical

I fear the exploits of Cityboy at the Glastonbury music fest may have gone to the poor chap's head. The ex-DrKW analyst is back on YouTube promoting his catchy new single 'Cityboy'. All together now: 'I'm just a Cityboy Another lonely pretty boy Columbian exports in my brain I'm off my face again' Burt Bacharach he ain't. Maybe he should have... Tags: Dealing rooms, Wholesale bankingGroup: Video extravaganza

Paul Penrose - Finextra - London | 22/07/2008 | 3944 views

Nyse's rebuttal to Nasdaq OMX

As expected, the New York Stock Exchange has hit back at recent market share stats distributed by Nasdaq OMX, accusing its competitor of "blurring the lines between fantasy and reality". Here's the text of the Nyse rebuttal letter currently doing the rounds: The most recent boasts by one of our competitors, NasdaqOMX, takes a turn from William Sh... Tags: Trade execution, Wholesale banking

Paul Penrose - Finextra - London | 21/07/2008 | 3114 views

HP boxes clever...not

HP has dedicated a fair amount of corporate Web space to promoting it's environmentally-friendly 'Green Giant' credentials. So I'm assuming this report from the Register is some kind of elaborate joke: "HP shatters excessive packaging world record". The accompanying picture story details how one amazed Reg reader took receipt of a very large box... Tags: Retail banking, Wholesale bankingGroup: Going green

Paul Penrose - Finextra - London | 21/07/2008 | 2985 views

Attack of the clones: NXP gets short shrift from Dutch court

NXP's attempts to block publication of a research paper detailing alleged security weaknesses in the Mifare chips used in Transport for London's Oyster smart cards has backfired somewhat. The manufacturer of the contactless transit cards applied for an injunction to suppress the research after Prof Bart Jacobs and colleagues from Radboud Universit... Tags: Cards, Security