Rewarding Mathematics
We hear a lot about how talent will leave the major financial centres if taxes or regulations become unacceptable. That people move to more favourable locations is more or less plausible. But what seems to […]
We hear a lot about how talent will leave the major financial centres if taxes or regulations become unacceptable. That people move to more favourable locations is more or less plausible. But what seems to […]
Another day, another email in my inbox announcing another High Frequency Trading conference. I have nothing against the emails (we send quite a few of them ourselves) and I have nothing against HFT per se. […]
Cyberterrorism is in the news so I thought I’d share this little story with you. A year or two ago I was at a dinner of the Great and the Good. I sat next to […]
“The truth is the high-frequency traders create volatility and create liquidity,” said John Damgard, president of the Futures Industry Association. What he apparently meant to say was that they reduce volatility, not create it. And […]
Goodbye, New Labour, you won’t be missed. And the fondest of fond farewells to Peter Mandelson, please don’t keep in touch. Back to Old-style politics in which MPs and cabinet ministers have their say, no […]
Brown graciously offers to run the country as PM for a few more months with a LibLab pact, and then will step down after Labour has chosen a new leader. Thanks, Gordon, but do you […]
The Conservatives have offered the LibDems a referendum on electoral reform (albeit only on a very weak version of reform). Clearly a panic move, they didn’t even wait to get a sense of people’s reactions […]
I’d never bothered to read a political manifesto before today. But I suspected that some fun could be had with them. If you know that someone has a tendency to be economical with the truth […]
“Greed is good,” said the Ivan Boesky-inspired Gordon Gecko in the first “Wall Street” movie. And greed certainly is one of the prime movers behind many a successful business, along with altruism, curiosity, necessity, etc. […]
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