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Liar Loans: SFA from the FSA

You’ve heard of locking the stable door when the horse has bolted. Well, the Financial Services Authority, has gone one better and promised to do its job properly only after it’s been closed down.  Yesterday, the boss of Britain’s financial watchdog, Lord Turner, grandly announced that the FSA was going to put an end to … Continue reading

Obama and the banks:oh yes he can.

     Yes he can!  Barack Obama has finally found his voice and has used the full authority of the US Presidency to make a profound moral intervention in the debate about the future of the world economy.  He has decided to take on Wall Street, the greatest concentration of financial power on the planet, in … Continue reading

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