The second reading of the Financial Services (Banking Reform) Bill is today. This is the main debate on the principle of the Bill. It was previously provisionally scheduled for last Monday. I have found myself assigned to statutory instrument committees on both occasions, potentially preventing me from speaking in the […]
Read MoreTomorrow in Parliament, I’m hosting a meeting with Dave Fishwick and MPs to discuss his struggle to start a local, responsible bank in touch with its savers and borrowers. The Channel 4 documentary is here and this Russia Today video gives an overview: The FSA have declined to attend but […]
Read MoreI first met David Fishwick on 15 March this year. He was interviewing a series of MPs for his Channel 4 documentary Bank of Dave: David Fishwick is so fed up with the way that the banks are treating people he’s decided to open his own tiny bank to serve […]
Read MoreTwo days ago, Greg Smith, a Goldman Sachs executive director, resigned in sensational fashion, writing a column in the New York Times. In the article, he laid out the reasons for his resignation, citing the change in culture at the firm over the ten years he worked there. He wrote, […]
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