I hope and pray your right and the world is more civilised but then i remember the scenes from Lybia and wonder how far have we all come?
War is made by politicians not people but when hardship affects people so badly after they have a increased expectation of high living standards, who knows?
I heard a Greek man saying on the TV that out of this disaster a new strong leader might emerge to save the country. Sound familiar?
06 Nov 2011 14:34 Read comment
I have heard of snake eyes in dice but this is ridiculas.
04 Nov 2011 14:29 Read comment
A bit of a difference between ECD and Euro i think
Cucumbers being a certain dimention was one law but there are masses believe me
MEPs are pretty faceless people in the UK. We dont know who half of them are and there is little respect they have. Gravy train expenses that we do hear of are hardly going to help gain respect.
The War and civil unrest is based on similar situations in the Thirtys after the depression and the fact the Tax payers become very angry if they see their living standards fall or are being exploited by other nations. Some of the comments i have already heard from German Tax payers are saying why should they bail out Greece or Italy who live beyond their means. If it carrys on and increases this anger will grow
Just use your eyes to see rioting on the streets in Greece and how powerless the people feel. How the political system in Europe has failed them. Other countries will feel the same unless drastic action is not taken
Why did the Eurozone let all these countries in? Not fraud more deluded by the single currency and the idealogy of a single Europe. The single market in Europe was always intended as a trading block but politicians has sold the idealogy to people and created this situation. People in Europe have been hoodwinked and still can not see what their eyes tell them
04 Nov 2011 12:10 Read comment
History says that you do not get a single currency without fiscal harmonisation and a single control point. Look at the American Civil War. The single currency is a idealogical idea that simply does not work. You only need to look at the mess in Europe today. The only long term solution to maintaining the single currency is if all states come under a single fiscal policy from a central Government. Will the French give up to Germany or any other country?
The majority of the MEPs are hardly voted for by UK people who just see idiotic laws commng out of Brussels and hopeless politicians talking baloney when jobs and lives are at risk
There will be a war in Europe at some time and massive civil unrest accross the region. We have just seen the start of it. Its impossible to defend the single currency but we now must try and manage the fall out of a crazy idea
04 Nov 2011 11:35 Read comment
Today the Greek premier has retracked and announced there will not be a referendeom. Bullied by French and German and kicked to bits by his own people i am beggining to feel sorry for him. Nop that weak moment has gone and now on with the show! It would be a comedy if it was not so tragic
03 Nov 2011 15:21 Read comment
With OTC heading towards CCPs it is more likely that one or more will go bust.Its good that Tucker has raised this horror story now and hopefully it will be heeded and actioned upon.My view would be to increase margining and collateral quality with intra day revaluations.Now i know this will create more costs but it will be worth it if it prevents a CCP from going down
26 Oct 2011 14:48 Read comment
This is sure to be included in the November Post Trade Forum debate hosted by the London Stock Exchange
20 Oct 2011 19:00 Read comment
Can not agree
20 Oct 2011 14:43 Read comment
Anyone could have made a prophecy 4 years ago that all the electronic trading platforms set up would be aquired at some stage. Remains to be seen if the price paid provides a decent profit after MiFID and the rest of the world moves from competition to services that include risk and cost reduction
19 Oct 2011 15:54 Read comment
There are unlikely to be too many shocks in the MiFID 11 updates as most FS firms will have already been consulted. However the implementation of new rules will be interesting as the EU financial markets are in such turmoil. I think most people will get behind anything that increases transparancy but any limitations on liquidity will be odd as the markets are struggling for liquidity at the moment. New rules to level the playing field between Exchanges an electronic trading venues must be welcom by investors who might soon have some chance of getting best execution and it being proven
19 Oct 2011 14:51 Read comment
XBRL Discussion Group
Post-Trade Forum
EBAday
Operational Risk Management
Peter FokasAnalyst at na
Annette CharlesAnalyst at Coast Capital
Ganesh HegdeAnalyst at SignDesk
Robert NewmanAnalyst at Future Markets Research Tank (FMRT)
Mary ReznAnalyst at ilink.dev
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.