The U.K. banks were buying the derivatives because proper risk analysis was deprecated. Regulation on risk could have tapered down the positions. I was working on a contract in ABN - IT working on de… (View Post)

Riding a bubble in derivatives, which set us up for 2008 And he was warned - there were papers being published by the Bank of England research unit that pointed out the inevitable result of risk corr… (View Post)

Promoting a woman as CoE looks good. Plus it gets her out of the Home Office, without criticising her. So the next Home Sec. will stop doing the policy *enforcement* that upset many Labour members an… (View Post)

Promoting a woman as CoE looks good. Plus it gets her out of the Home Office, without criticising her. So the next Home Sec. will stop doing the policy *enforcement* that upset many Labour members an… (View Post)

Peter Lilley got his prediction right. That’s why people give it credit. It wasn’t just a guess - a reasoned explanation of what could happen and why. (View Post)