U.K. Official: Tax On Bankers Bonuses FAILED
The Labour politician said the tax was likely to be a "one-off" and won't be reinstated by the Coalition, because it had failed to change behaviour in...
The Labour politician said the tax was likely to be a "one-off" and won't be reinstated by the Coalition, because it had failed to change behaviour in...
Bill Singer | Posted 05.25.2011
In the end, Napoleon's admonition has become the SEC's Gospel: If you wish to be a success in the world, promise everything, deliver nothing.
washingtonpost.com | Frank Ahearns | Posted 05.25.2011
So now, during bonus season, we look back at some of the key statements from the Great Bonus Controversy of 2009. The gap between what was said and wh...
The Guardian | Jill Treanor | Posted 05.25.2011
City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can revea...
Iris Erlingsdottir | Posted 05.25.2011
While legislators were hammering out a deal that would keep Iceland from being labeled a pariah state by the IMF and ratings agencies, President Ragnar was protecting his oligarch friends.
Janet Tavakoli | Posted 05.25.2011
We, the middle aged financiers, are responsible for taking action on the issue of massive financial fraud. If we don't, we will never restore trust in the financial system.
Telegraph | Helia Ebrahimi, Senior City Correspondent | Posted 05.25.2011
The bank is understood to be considering its options in the wake of the UK's windfall tax on bankers' bonuses, a new 50pc top income tax rate, and inc...
ft.com | Norma Cohen | Posted 05.25.2011
As the world's banking system teetered on the brink of collapse just about a year ago, there were widespread, heartfelt, calls for reform. Politici...
nytimes.com | Posted 05.25.2011
As a deterrent, the measure to tax bonus payments of more than �25,000 at a one-off rate of 50 percent has failed, as many banks decided to pay the ...
Georges Ugeux | Posted 05.25.2011
While fighting a regulatory battle President Sarkozy and Chancellor Merkel, Prime Minister Gordon Brown is slowly but surely killing the City.
Iris Erlingsdottir | Posted 05.25.2011
I believe that none of the Icelandic political parties are actually standing up for the average Icelandic person.
bloomberg.com | Elizabeth Hester | Posted 05.25.2011
Dec. 28 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told U.K. Chancellor of the Exchequer Alistair Darling that his 50 per...
Rani Singh | Posted 05.25.2011
When Secretary Tim Geithner walked into his press conference, he had a surety and purpose about him which commanded attention.
Ellen Brown | Posted 05.25.2011
Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?
Sheldon Filger | Posted 05.25.2011
The UK economy has been transformed, in effect, into a candle burning at both ends. Tony Blair may have been called George W. Bush's lap dog, but Gordon Brown is proving to be his economic disciple.
Telegraph | Amy Wilson | Posted 05.25.2011