UK roundup: Mervyn King on quantitative easing, LCP on buy-ins 28 Mar 2012 UK – The governor of the Bank of England has spoken out against claims that its £325bn (€388bn) quantitative easing (QE) programme has damaged the long-term viability of the UK’s pension schemes. Speaking at the economic affairs …
London Stock Exchange – Occupied by Coal
London Stock Exchange – occupied by coal New analysis from Carbon Tracker endorsed by WWF shows how the growing number of coal mining companies listing in London exposes the financial market to a significant systemic risk. Investors tracking the FTSE AllShare Index are facing increasing efforts across the world to …
Global Finance Lost In Cyberspace!
By Hazel Henderson © 2011 For InterPress Service The robot rabbit of finance – high-speed trading, cloud computing – has outrun the tortoise of government oversight and control. For years, I have documented how often science and technology leap ahead of politicians and bureaucrats. Usually, citizens and their groups sound …
Banking: From Bagehot to Basel, and Back Again
Mervyn King, Governor of the Bank of England, October 25, 2010 “Banking: From Bagehot to Basel, and Back Again” speech to the Buttonwood Gathering, New York City During The Economist’s Buttonwood Gathering, Mervyn King, Governor of the Bank of England, criticized the performance of Britain’s banks throughout the 2008-2009 crisis …