Nuclear power and financial systems both have the capacity to blow up the world. Perhaps there are lessons from one for the other.
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13 November 2013, Financial Times
23 October 2013, Financial Times
If I had a million pounds for every time I have heard a possible reform opposed because “it wouldn’t have prevented Northern Rock or Lehman Brothers going bust”, I might now have enough money to bail out a bank.
09 October 2013, Financial Times
My decision not to read the terms of agreement when purchasing a new television is not the result of my stupidity and ignorance, but my wisdom.
31 July 2013, Financial Times
Having invented the concept of GSifi to describe too-big-to-fail banks, the world’s financial regulators are on the hunt for other businesses which can be treated in a similar way.
17 July 2013, Financial Times
What happened at Enron, and in the banks, was that trading assets were marked to values that had been established not by people who knew about the contracts or the loans, but by the biased and ill-informed assessments of the traders.
26 June 2013, Financial Times
Globally, the Bank of England has been the main source of fresh and sceptical thinking on the future of the financial sector. While this has won it few friends in the City of London, such unpopularity is a mark of success not failure.
22 May 2013, Financial Times
The financial crisis left a few individuals responsible for it very rich while its consequences made millions not responsible for it much poorer. If this involves no crime, then we have failed to define or prosecute crime appropriately.
03 April 2013, Financial Times
The belief that the right response to the failures of Basel I and II is a more elaborate version of the same global regime is a triumph of hope over experience.
20 March 2013, Financial Times
Restriction of business on moral grounds is not always unsuccessful but measures have to be applied with great care.
06 February 2013, Financial Times
If trust and confidence in financial intermediation are to be re-established, principles of loyalty and prudence are a prerequisite.
13 December 2000, Financial Times
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