Archives for: David Cameron
by Mitch Feierstein about 8 years 3 months ago
George Osborne was to have been a new kind of chancellor for a new kind of Britain. Instead of being an economy hooked on financial services and trading, we were going to be an economy under the stern command of business investment and export markets. Instead of government profligacy, we were going to see government […]
LIBOR “Fixing” – Why is Too Big to Fail, Too big for Jail and Too big to Regulate?
by Mitch Feierstein about 11 years 3 months ago
Barclays bankers fiddle the LIBOR markets – a multi-trillion market – on a heroic scale. Other banks and bankers are being investigated too. Barclays will not be alone in its wrong-doing, and other banks may even have exceeded Barclays’ brazen contempt for truth and right-dealing. So what happens? So far, we’ve seen all the standard […]
Unlike Cameron and Obama, Angela Merkel doesn’t want a Euro superstate – let’s hope she stands firm
by Mitch Feierstein about 11 years 3 months ago
It’s a strange world we’re living in. This newspaper reported yesterday that, ‘Britain and the US joined forces to urge Germany to create a central Brussels body that could assume sovereignty over individual countries’ budgets and fiscal policies.’ Under pressure: German Chancellor Angela Merkel doesn’t want a Euro superstate – and can’t afford to finance one anyway […]