Gosh, it’s about a month since I resumed this blog, despite telling myself that I should keep it updated regularly this year. What’s prompted me out of my torpor has been the furore over the award to RBS’s CEO Stephen Hester of £963,000 in share options, deferred for two years. What follows is a bit [...]
Posts from the 'recession' Category
As you’ve probably noticed, there’s been a 2½ year gap since my last post. I shan’t go into detail, but suffice to say that I’ve had many more important things to do, unfortunately. I’ve also moved the blog to another platform, which should make it easier to manage and post to, even from mobile devices. [...]
Tomorrow’s Daily Telegraph reports that ministers must show “humility” to admit that mistakes had been made in the run up to the recession, and that lessons must be learnt. The small problem is that it’s too late to launch such a rescue plan; the public have finally started to see through this bunch of incompetent [...]
Yesterday probably was the first definite sign of the beginning of the end for Labour. They are now in an irrecoverable position, and they know it. Nobody is in control, and it seems that nobody cares, either. Were we not in a catastrophic economic crisis, it would be reprehensible for a government to act in [...]
Oh to be able to tap that line between Gordon Brown and Lord Myners this evening. I somehow suspect it’ll go along the lines of: “What the f**k did you say to that t**t Fred Goodwin? Don’t you realise that you’ve made me look a complete tool when I said on camera that we’ll be [...]
Oh dear. It seems The Supreme Leader could be neck-deep in the Broon stuff following Lord Turner’s evidence to the Treasury select committee. It seems that Gordon Brown urged “light-touch” regulation by the FSA, and look where that has got us. To be fair to McBroon, his predecessor also made similar noises. I hope to [...]
