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The story around Societe Generals ‘lost’ billions seemingly took another twist today with the news that Jerome Kerviel plans to launch court proceedings against his former employer to contest his sack...
The US has enjoyed a somewhat obsessive relationship with regulation since corporate scandals such as Enron, and more recently Amaranth, have created an over-protectionist environment for investors. T...
Well, Blogs and Social media have made terrific inroads into our lives. This conference promises to be interesting. Check out: http://www.icwsm.org/2008/index.shtml Shows how important these channe...
I look around and see a lot of money in the payments business, both to be made and being invested. It's obvious we aren't seeing the killer application out there yet but the market is heating up. I se...
The Mail app on the Mac comes with an RSS feed entitled Apple hot news which as you might expect is full of feel-good, brainwashing nonsense about all things Apple. Some of it's interesting - for exa...
Recently Steve Ellis asked why more banks aren't stepping up to the challenge of social media. It's true, few banks seem willing to embrace social media and other Web 2.0 tools, but there are a few ...
Fair Isaac is the technology company most damaged by the subprime crisis. In fact some banks, such as HSBC Finance, have said its ubiquitous FICO credit scoring system contributed to the problem by
I understand the constraints that banks face when trying to embrace different aspects of social media - the regulatory concerns - all the organisational and cultural issues they have to overcome... bu...
"A few fundamental tenets of sound financial judgment appear to have been violated." That's the typically understated view of the Bank for International Settlements, in its first official re...
This item on the marvellous Music Thing site caught my eye - basically a London boutique investment bank intends to buy electric and classical guitars, mandolins, banjos and amplifiers to form a wacky...
It looks very much like Microsoft have won over the ISO despite the official announcement being delayed until the 2nd. It hasn't exactly been plain sailing for Microsoft with this - with assorted pro...
Dog racing on ice? (The Daily Mirror). Nicolas Sarkozy to be stretched? (the Sun - natch). UBS share price soars on news of massive write-downs? (All financial press - the madness of markets). On Apri...