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A place to share stuff that isn't at all fintec related but is amusing, absurd or scary.
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Keith Appleyard IT Consultant at available for hire
The UK Local Government Association has compiled a banned list of the 200 worst uses of jargon, with "coterminosity" & "predictors of beaconicity" prominent in most press reports. The Council Leaders say such words and phrases must be avoided for staff to "communicate effectively". The list includes suggested trans...
31 March 2009
Paul Penrose Head of Research at Finextra
Public anger at banking excess seems to be boiling over into direct action and mob rule. Following the public hanging of a banking effigy at a rally in Marble Arch and the bus tours of AIG executive mansions organised by US activist groups, the latest person in the firing line is former RBS boss Sir Fred Goodwin. Police in Scotland are calling fo...
25 March 2009 /retail /wholesale
Matt White North America editor at Finextra
According to ABC News, JP Morgan Chase is going ahead with plans to spend $138 million on two corporate jets and a "luxury" hanger to house them. But, incase you were thinking that seems a bit off in the current climate, don't worry - the purchase of these essential items won't be funded by the $25 billion in TARP money the bank recently...
23 March 2009
Retired Member
Like most rational men I still occasionally fall for the tricks of the mathematicks, but any maths you can invent today a child can do tomorrow. That is why maths per se doesn't provide the answer to the identity puzzle. I have a broader view of the issues with identity, but I agree that we should be able to have different anonymous aliases, for i...
22 March 2009
I thought the Fred Goodwin saga was over, but it seems to run and run, so I thought I'd put in my two-penn'th The old RBS Pension plan allowed staff to retire at 60 on two thirds of their final salary after a 40-year career. If Goodwin was treated like any other RBS employee, then his actual service since 1998, plus pensionable service transferred ...
19 March 2009 /retail
From The Anglo-Saxon Chronicle (as sent by Colin Knox to Private Eye) : "AD1125 In this year sent the King Henry, before Christmas, from Normandy to England, and bade that all the mint-men that were in England should be mutilated in their limbs; that was, that they should lose each of them the right hand, and their testicles beneath. This was...
19 March 2009 /regulation
A recent survey by TRUSTe reported in the NYTimes showed that over 90% of people surveyed thought that trust is 'really' or 'somewhat' important. 75 percent of respondents agreed with the statement, “The Internet is not well regulated, and naïve users can easily be taken advantage of.” Even some of the experts have their tales. The FTC recently wa...
16 March 2009
Steve Ellis Founder at Finextra Research
It's good to know that there is a support infrastructure for these challenging times. Should you - or a friend - need help, go to http://www.wallstreetprisonconsultants.com Hat tip: Wade
13 March 2009
For those of you who didn't sit in on Cohn & Wolfe's recent gathering to discuss the state of (dis)trust in financial institutions, I'll give you a quick rundown of their conclusions, which won't be any surprise to readers of my blogs. In a nutshell: Accept that trust has declined significantly and that consumers won't be pleased if you just go...
10 March 2009
"Serious Fraud Office questioning Archers' Matt Crawford over possible fraud in Ambridge" That's the headline from a real piece of PR sent out by the real Serious Fraud Office about a probe into the activities of a well-known but fictional British businessman. For those of you not steeped in this quintessentially English institution, the ...
06 March 2009 /retail /wholesale
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