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If ever there was a demonstration that “light-touch” regulation of financial firms has not been a great success, this week has been it. Over the years, we have heard huge amounts from the banking sector about how they are competent to regulate themselves. The fact that many governments have agreed and let them get on… » read more

Posted by financialguy

In the end, a vote in favour of the Fiscal Compact of just over 60% looks like Ireland was almost in agreement. If nothing else, the vote shows just how far the eurozone crisis has come and how meaningless many of the measures to date have been. When the Fiscal Compact was first announced and… » read more

Posted by financialguy