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Paul Penrose

Ken Lewis and John Thain: Dumb and dumber

No matter which way you look at it Ken Lewis's bail-out of Merrill Lynch looks increasingly wrong-headed. John Thain - the man who sold the pony to Lewis - has now fallen on his sword after Merrill po...

23 Jan 2009
Paul Penrose

Heartland Payment Systems' Obama moment

Heartland Payment Systems first began receiving fraudulent activity reports from the card schemes late last year indicating a possible breach in its defences. The company called the Secret Service and...

21 Jan 2009
Paul Penrose

Longer fingers point to bigger profits

Researchers at Cambridge University have found a link between the profitability of male traders at a London bank and the ratio of index to ring fingers on their right hand. The so-called 2D:4D ratio i...

13 Jan 2009
Whatever...
Paul Penrose

What's your Twitter password?

Quality PR from Sophos. I couldn't put it better myself: IT security and control firm Sophos is calling on Twitter to enforce the use of strong passwords by its members following the recent publicatio...

08 Jan 2009
Finance 2.0
Paul Penrose

Dirty money and the flu pandemic

It's the flu season again, so time to dust off some research first published back in May last year in which researchers discovered that the human flu virus can survive on banknotes for up to 17 days....

07 Jan 2009
Paul Penrose

The Wells Fargo - Wachovia merger blog

US bank Wells Fargo is taking its experience with social media into unchartered territory (for the banking industry) with the launch of a new blog designed to keep customers up-to-speed with progress ...

05 Jan 2009
Finance 2.0

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