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Paul Penrose

Too big to fail, or too big to compete?

UK retailer Tesco is not alone in enjoying the benefits of 'safe haven' status as consumers turn away from distressed banks and move their assets to more trustworthy institutions. The UK's Co-operativ...

08 Apr 2009
Trends in Financial Services
Paul Penrose

Building the bomb that blew up Manhattan

The man who wrote the software that became the industry-standard method for securitising mortgages tells all, in this mesmerising account of a 15-year career on Wall Street that runs from the go-go 8...

01 Apr 2009
Paul Penrose

Make love, not leverage

Twitter seems to be coming into its own as a medium for reporting fast-moving events. Up-to-the-minute citizen reportage on the G20 protest rally can be found here. This just in: Protestors urinating...

01 Apr 2009
Finance 2.0
Paul Penrose

What's the point of Twitter?

So, everyone's a'flutter over Twitter? I wouldn't count on it. Here at Finextra we set up our own Twitter feed last year, just as an experiment. To set the ball rolling, we identified all Community m...

27 Mar 2009
Finance 2.0
Paul Penrose

Protestors vandalise Sir Fred's house

Public anger at banking excess seems to be boiling over into direct action and mob rule. Following the public hanging of a banking effigy at a rally in Marble Arch and the bus tours of AIG executive...

25 Mar 2009
Whatever...
Paul Penrose

Sibos sobers up

Sibos will never be the same again. In killing off its Thursday night party, Swift has moved with the prevailing mood music. Lavish, big budget entertainment is off the agenda as the financial service...

20 Mar 2009
Finextra@Sibos
Paul Penrose

PCI compliance through the looking glass

This whole PCI DSS compliance thing is beginning to make my head hurt. Here, Visa chief enterprise risk officer Ellen Richey says: "PCI DSS remains an effective security tool when implemented pro...

19 Mar 2009
Paul Penrose

Does Jon Stewart use inside information?

Having mopped the floor with Jim Cramer and CNBC, the Daily Show's Jon Stewart has turned his attention to the practice of short-selling in this typically barbed report from regular correspondent Sa...

18 Mar 2009
Video extravaganza
Paul Penrose

Bernie Madoff is the Cookie Monster

Want to know how Bernie Madoff swindled his billions, but only got a minute to spare? Ernie from Sesame Street explains all here. Not sure that I fully approve of Ernie's rather Tarantinoesque retrib...

16 Mar 2009
Video extravaganza
Paul Penrose

Barclaycard goes viral with waterslide creative

A good example of viral marketing from Barclaycard, which is challenging the public to create a home-made version if its waterslide TV advertisement, in which an office drone travels from work to home...

12 Mar 2009
Video extravaganza
Paul Penrose

SFO to lift clear-up rates; invents new case in Ambridge

"Serious Fraud Office questioning Archers' Matt Crawford over possible fraud in Ambridge" That's the headline from a real piece of PR sent out by the real Serious Fraud Office about a probe ...

06 Mar 2009
Whatever...
Paul Penrose

There's one born every minute

You've got to admire those Nigerian 419 scammers. Here's the latest that popped into my inbox, offering compensation from the Nigerian government to all those sad individuals who have been conned in t...

02 Mar 2009

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