Interview with an investment banker

Just in case you missed it. Investment bankers bet and speculate. In other words they are making money with money. When the banking world was about to collapse because the bet on packets of junk bonds, and were about to be caught out on it they changed their tack. They now bet and speculate on […]

Northern Rock Bailout: Why Central Bankers Can’t Have Integrity

It is said that a banker is osmeone who gives you an umbrella when the sun shines, but wants it back when it starts to rain.(travellerev) Poor Mervyn King. The man is the head of the Bank of England. He was just trying to do the right thing. When the credit crisis began this summer […]