In case you missed it, check out Gilian Tett’s intreresting recap of the state of the financial world five years after the meltdown. Given the carnage that the Great Recession has left in its wake, one would expect that the financial work would be quite different half-a-decade later. Not, notes Tett, who points the following
Tag: Finance
As if the financial service world did not have enough dirty laundry, the FT recently put some more rags in the basket. A piece today by Steve Johnson notes that brokers routinely sell access to the heads of some of their corporate clients to hedge fund managers and other interested parties, usually without the CEO
The VOX economics blog ran an good piece by Biagio Bosone on Jan 23 where he makes the case to slow down the current rush into robotic finance (http://www.voxeu.org/article/putting-time-and-space-back-finance). Bosone asks some existential questions at the start of his essay: What room is left in today’s finance for real people in flesh and blood? What
There is an interesting piece by Lucy Kellaway on FT.com that describes a little-noted population in London’s financial community: compulsive gamblers. Kellaway writes about brokers who often gamble during work and certainly afterwards and the toll it sometimes takes on lives and marriages.She notes that no one really understands just how wide-spread this problem is since
