Tag: Marc Carney

Is this a step too far for nailing bankers?

In August 2014 London Mayor Boris Johnson called for ‘guilty until proven innocent’ to become the law for suspected terrorists. He argued for a reverse of the normal presumption of innocence for those who travel to Iraq and Syria.[1] Let’s not stop at terrorists though. Why not bankers? New laws […]

The financial Zeitgeist and eroding resistance to change

Anyone learning Chinese soon encounters the classic tale of Zhang Guiya a county magistrate patrolling government buildings.[spacer height=”20px”] He meets a minor official rapidly leaving the money vault.[spacer height=”20px”] “Why are you in such a hurry” asks the magistrate who subsequently finds a valuable metal piece hidden in the man’s head […]