The most important tax haven report in years
Friday, December 7th, 2007I’ve written quite a bit about the NAO report on the Crown Protectorates over the last few days. And having read the detail I’ve now
Read the full article…
Securitisation
Thursday, December 6th, 2007The Guardian did another first rate article on securitisation yesterday. As they showed, at least £234 billion of mortgage assets are held by twelve UK
Read the full article…
Branson's pickle
Monday, December 3rd, 2007Prem Sikka has an article on Richard Branson’s bid for Northern Rock on the Guardian blog today under the above title. Prem notes that: Sir
Read the full article…
Jersey says Northern Rock's OK - what a relief!
Thursday, November 29th, 2007The Jersey Evening Post today has a story that says: JERSEY’S involvement in a complex deal involving stricken UK bank Northern Rock has been entirely
Read the full article…
Imitation is a sincere form of flattery
Thursday, November 29th, 2007I guess imitation is a pretty sincere form of flattery. The Guardian had a front page story yesterday on Northern Rock, Granite, Jersey and the
Read the full article…
Stop Branson getting Northern Rock
Thursday, November 29th, 2007I note that the FT has reported that the SRM hedge fund has increased their stake in Northern Rock in an attempt to block the
Read the full article…
Jersey's black hole
Monday, November 26th, 2007Jersey has published its budget for 2008, which includes forecast to 2012. According to the budget all is well in the Isle. Having had a
Read the full article…
Northern Rock: can the market heal itself?
Monday, November 26th, 2007The FT has reported that: Sir Richard Branson’s Virgin group on Monday was confirmed as the preferred bidder for Northern Rock. It is reported that:
Read the full article…
Northern Rock: the significance of Granite to the Bank of England
Sunday, November 25th, 2007The Guardian published two stories on Friday concerning the relationship between Northern Rock and its shadow entity, Granite. I’ll be candid, I know the stories
Read the full article…
