March 2009 Archives
Noose tightens on ratings agencies
The threat of tough rules to bring the ratings agencies into a new pan-European regulatory framework took a step closer to reality last night as the European Parliament's economic and monetary affairs committee voted through a hard-hitting package of proposals.The...
Posted by David Worsfold on March 24, 2009 11:23 AM | Permalink | Comments (0)
Tax bomb has started ticking
While the very public rows about the causes and consequences of the economic crisis continue to grab the headlines, we can see one of the key battlegrounds for next year's General Election emerging: tax policy.With government spending now so far...
Posted by David Worsfold on March 23, 2009 9:41 AM | Permalink | Comments (0)
Goodwin's pension is obscuring the issue
There is no coherent argument that can be offered for defending Sir Fred Goodwin's pension and it was disappointing to see yesterday's hearings of the Treasury Select Committee largely wasted in pursuing the City minister Lord (Paul) Myners over the...
Posted by David Worsfold on March 18, 2009 8:51 AM | Permalink | Comments (1)
Brown has lost the regulatory reform battle already - he just can't bring himself to admit it
As hard as he might try, it looks as if Gordon Brown has already lost control of the debate on the future regulation of the world's financial services industries. His pleas to President Obama and the US Congress for...
Posted by David Worsfold on March 6, 2009 8:54 AM | Permalink | Comments (1)
Equitable Life battle lines become more entrenched
The fight for compensation for Equitable Life policyholders is becoming more embittered at every turn. Just take a look at the tactics and the language being used by both sides over the last couple of weeks.First, the Public Administration Select...
Posted by David Worsfold on March 31, 2009 10:03 AM | Permalink | Comments (0)
MPs need the shake-up, not their expenses
I have been watching the current frenzy over stories of MPs expenses with a growing sense of despair. We are already facing a crisis because of the lack of respect for politicians and political processes in this country which is...
Posted by David Worsfold on March 30, 2009 11:40 AM | Permalink | Comments (0)
What can Brown salvage from the G20 Summit?
I am still struggling to see where this consensus the Prime Minister keeps talking about over fiscal stimuli and international agreement on future regulation is going to come from. His current mini-world tour in the run up to next week's...
Posted by David Worsfold on March 25, 2009 4:45 PM | Permalink | Comments (0)
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David has been a financial journalist for 30 years and is currently Group Editorial Services Director at Incisive Media.
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I'd share your general view on the debate, David, ...
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found this linked from an article. I'll keep follo ...
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For years to come we will revere Pelosi and Obama. ...
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