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Alistair Darling

UK's Pro-Union 'Better Together' Unveils Future Plans

John Mirisch | Posted 11.23.2014 | Los Angeles
John Mirisch

"Divide or unite" remains the question, and while "Six Californias" failed to make the ballot this time around, the organizers might take a page out of "Better Together's" book next time around, because -- let's face it -- there is a very fine line between what divides us and what unites us.

U.K. Official: Tax On Bankers Bonuses FAILED

Telegraph | Amy Wilson | Posted 05.25.2011 | Business

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...

Time to Put the SEC Out of Its (and Our) Misery

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

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.

Goldman Sachs' London teams could quit the City over taxes and regulations

Telegraph | Helia Ebrahimi, Senior City Correspondent | Posted 05.25.2011 | Business

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...

Financial Reform: Political Will For Change May Be Disappearing

ft.com | Norma Cohen | Posted 05.25.2011 | Business

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...

U.K. Bonus Tax Didn't Deter Banks From Paying Bonuses: Report

nytimes.com | Posted 05.25.2011 | Business

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 ...

Does Gordon Brown Attempt to Kill the City?

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

While fighting a regulatory battle President Sarkozy and Chancellor Merkel, Prime Minister Gordon Brown is slowly but surely killing the City.

Iceland's President Is Still No Hero

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

I believe that none of the Icelandic political parties are actually standing up for the average Icelandic person.

Jamie Dimon Reportedly Entreated British Politician To Reconsider U.K. Bonus Tax

bloomberg.com | Elizabeth Hester | Posted 05.25.2011 | Business

Dec. 28 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told U.K. Chancellor of the Exchequer Alistair Darling that his 50 per...

Wall Street Bonuses: What The Politicians MEANT To Say

washingtonpost.com | Frank Ahearns | Posted 05.25.2011 | Business

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...

RBS ATM Withdrawals Were Monitored Hourly During Banking Crisis

The Guardian | Jill Treanor | Posted 05.25.2011 | Business

City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can revea...

Iceland's President Is No Hero

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

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.

Inside the Wall Street Journal's Future of Finance Initiative

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

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.

First Encounter with Secretary Tim Geithner at London's G-20 Summit

Rani Singh | Posted 05.25.2011 | Business
Rani Singh

When Secretary Tim Geithner walked into his press conference, he had a surety and purpose about him which commanded attention.

Economic 9-11: Did Lehman Brothers Fall or Was It Pushed?

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

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?

UK Economy Sinks Amid Worst British Financial Crisis Since Great Depression

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

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.