Feted Gold & Silver fund Manager can predict the future?
Silver price to “increase 400pc in three years” A prediction from a fund manager with a vested interest in the precious metal market. Predicting a market is no more exact than looking into your tea...
View ArticleBarclays is the ‘least trusted brand’ in Britain
Barclays is the ‘least trusted brand’ in Britain Research by Which? shows Barclays to be the least trusted brand in Britain. Which? polled over 2000 people to spontaneously identify the three brands...
View ArticleDon’t give your IFA an everlasting Christmas present
It’s that time of year when we like to say thank you to those that have helped us out. IFAs may be among those you want to reward. You may have noticed that your IFA is keen to get to sign up to some...
View ArticleBanks are above the law – it’s official
Banks are ‘too big to prosecute’, says FSA’s Andrew Bailey Many people were stunned by this comment. Sadly many suspected it. It now seems to be official. For a take that says what many feel, read this...
View ArticleHooray! Bankers and their Christmas bonuses.
This article written by us was first published by the folks at the Guardian’s Ripped Off Britons. Please find the link here: Christmas is a time for giving bankers their bonuses. A festive guest blog...
View ArticleRBS win Swap mis-selling case
There has been much media coverage this year of the Interest Rate Swap mis-selling scandal. Many have likened it to PPI mis-selling. This is to misunderstand the issue on two significant counts:...
View ArticleHonestly Banking – New Years Resolutions
We would like to thank the folks at the Guardian’s Ripped Off Britons for their kind permission in reproducing this article. Hari & Jake do a fine job of taking the lid off some of the worst...
View ArticleTop Barclays Suits to be named in Libor Fraud
Top Barclays Suits to be named in Libor Fraud As has been reported, Bob Diamond, John Varley, Rich Ricci and others are likely to be named in connection with the Libor Shenanigans at Barclays. This is...
View Article$50 Billion wiped off Apple’s market value – so what?
The screaming headlines about Apple ‘loosing’ $50Bn are typical of the lack of understanding of markets and how analysts work. There are some great analysts about. The majority are sheep and just...
View ArticleFSA statement on Swaps
Repeated in full FSA nterest-rate-swaps-2013 FULL: Interest rate hedging products – pilot findings 1. Executive summary In 2012, we carried out a review that found serious failings in the sale of...
View ArticleHow bad can directors be?
Why directors aren’t sacked? This article shows that poor corporate governance happens at the largest and most respected companies. In fact is far more common than you might expect. CEO’s often fill...
View ArticleRisk and Profit
There is an old saying in economics that profit is just reward for risk taken. Bankers take few risks with their own money, but plenty of risks with other people’s. Yet they take the profit. The worst...
View ArticleDo you believe in Bob Diamond’s next life?
Bob Diamond’s next life? This is a fascinating article in the New York Times about Bob Diamond and what he is up to now. It purports to give us insights into the man and what he thinks. Mr Diamond is...
View ArticleInterest Rate Swaps: how the FCA allowed accused banks to be judge and jury...
Reproduced by kind permission of Ripped Off Britons Interest Rate Swaps: how the FCA allowed accused banks to be judge and jury for their own dodgy deals The banks’ Interest Rate Swaps scam ruined...
View ArticleThe Tomlinson Report
For those of you who haven’t read the Tomlinson report on the alleged activities of RBS’ GRG (Global Restructuring Group) and the Lloyds equivalent, this makes sobering, if sadly unsurprising reading....
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