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Well there's the aqueduct, sanitation, roads, irrigation, medicine, education, and the wine. But also the current Italy has corruption, bureaucracy, low productivity, 3rd rate education system. When t...
On the 17th Oct the BBC ran a programe called 'RBS; Inside the bank that ran out of money'. I downloaded the prog from the BBC I player and watched a very good and insightful documentary on a classic...
When we were at Sibos we enjoyed a team dinner in a local restaurant. As the topics of the day were mulled over somewhere up popped a contentious question "If the Greeks default, and Greece dis...
Having not long come back from visiting one of the Greek Islands I declare my hand as a fan of Greece, or at least its Islands. It pains me to see the problems its going through but you can’t help b
The newspapers are full of photos of unseemly fighting and general unruly behaviour; If it’s not the Canadian hockey fans, it’s Ascot and if its not there then its Greece. I feel saddened when I see t...
Lord Hanningfiled, or Paul White to give him his birth name, has been convicted of fiddling his expenses to the tune of £14,000. What I find incredulous is how all of these lords and MP's are in compl...
Funny what you find in your spam mail, this weeks mail has broadened my horizons to include penis enlargement treatment, a link to a young lady of dubious morals and, wait for the drum roll, a lady of...
No not the title of a chapter in a John Le Carre book, nor an invitation to spice up my pc. But in a recent survey looking at impediments to accurate counterparty risk measurement (and management) the...
The Portuguese Government have turned down the austerity measures proposed by their Prime Minister signor Jose Socrates and as a consequence he's been forced to resign. This is more than a glitch on t...
I think this is a superb piece of lateral thinking by Wells Fargo and considering they've had the functionality in place since 2005 is quite impressive. Perhaps if a big UK clearing bank rolled out th...
I love the story in today’s Telegraph explaining that the people of Mugardos in North West Spain are encouraging people to find and spend the defunct peseta in local shops. More than 60 shops on the G...
Yet again Vince Cable stands atop his economists soap box and tells the City that radical changes are needed to stop banks making "excessive profits and paying big bonuses". I've always