Screaming and Shouting

Banking, computers and perpetual crisis

Jamie’s bitcoin bother


Bank CEOs –  although the few I have met personally have all been delightful – are not normally noted for the bitingly controversial nature of their public statements.   Anodyne CEO sentiments about ‘tactical downsizing’ or ‘seizing new growth opportunities in China’ are par for the course. Coruscating attacks less so.

So it was refreshing to see that Jamie Dimon of JP Morgan has not held back in his opinion of bitcoin.

Continue reading “Jamie’s bitcoin bother”

Paying for extreme weather: Big Oil and Big Legal

hurricane irma

Over my toast and marmite this morning, listening to the radio, I heard reports of the devastation caused by hurricane Irma (taking over after a few weeks from its older brother Harvey).  Then an Oxford Professor called Myles R Allen came on and announced new research that can – via climate science – pin the blame on specific companies

To quote the Kaiser Chiefs: I predict a riot.

Continue reading “Paying for extreme weather: Big Oil and Big Legal”

Next Crisis Cup: Runners and Riders


With the newspapers full of articles describing the onset of the Great Financial Crisis ten years ago (a few weeks late in my view), I’ve also started to see articles speculating on what will cause the next one.

So, for your guide and entertainment in this, the tedious heart of summer, I present the runners and riders along with some helpful odds.
Continue reading “Next Crisis Cup: Runners and Riders”

Ten years since The Top


There will be lots of articles this summer and autumn about the start of the Great Financial Crisis ten years ago.  But when did it actually kick off?  What was the precise date? In my view, it was ten years ago today: July 12th, 2007.

My reason for choosing this particular date?  The Rolling Stones, downgrades and CVIX.

Continue reading “Ten years since The Top”

Cladding and Crisis


This is a post about fire and regulation. But don’t worry finance fans, I get on to money and crisis eventually. The parallels between fire and finance are rather striking. Disturbing, too.

Continue reading “Cladding and Crisis”

Suffering from Qatar: recapitalising banks


Even in a week when there are plenty of other stories (poorly executed terrorism, Brexit negotiations, scandalously flammable buildings, hung parliaments) the news that four Barclays executives are being charged with fraud has made the front pages today.

Continue reading “Suffering from Qatar: recapitalising banks”

Safety Limits: Traffic and Terrorism


This post starts with a speeding fine and ends with a famous quote from Benjamin Franklin. In the middle there’s some stuff about terrorism where you might agree with me.   Alternatively, I might very well piss you right off.

You have been warned.

Continue reading “Safety Limits: Traffic and Terrorism”

Robin Hood and the Golden Goose


There’s an election coming up in the UK, as those of us who live here will no doubt have noticed. I’ve even stooped to mentioning it in this blog. My aim is not to be party political in these posts, but, given my blog’s emphasis on finance, there is one policy that I think I can comment on.

We need to talk about the Robin Hood tax.
Continue reading “Robin Hood and the Golden Goose”



If you read this blog you’ll know that I’m interested in finance. But I’m also a bit of an art fan. A couple of headlines in the last week or so have made me think of the two subjects together.

Continue reading “Pics’n’Vix”

Blog at

Up ↑