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Roy McPherson

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22 Jan 2004

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Roy's opinions

6 Nations Rugby Competition

Come join my Six Nations prediction game on SportGuru! It's free and loads of fun. Just click here: http://www.sportguru.co.uk/sixnations/pool.asp?p=10014288 Pool name: City People Pool code: grewapis Theres no money involved, its for fun, so if you think you know your rugby come and join in the fun.

24 January 2012

Auld Lang Syne

The English/Scottish affair goes back many a year to the extent that the wood is completely obscured by the trees. As a descendent of a Scottish Royal Marine I declare my hand as a lover of the land and many of the people North of the English border. Our relationship with Scotland is complex but should not be devalued and I suspect Mr Salmond is p...

13 January 2012

What have the Romans done for us?

Well there's the aqueduct, sanitation, roads, irrigation, medicine, education, and the wine. But also the current Italy has corruption, bureaucracy, low productivity, 3rd rate education system. When there was a headlong rush to create the Euro zone and anyone displaying a hint of scepticism was a luddite all of the National books were meant to be ...

10 November 2011

The Emperors New Clothes

On the 17th Oct the BBC ran a programe called 'RBS; Inside the bank that ran out of money'. I downloaded the prog from the BBC I player and watched a very good and insightful documentary on a classic case of the Emperors New Clothes. The documentary detailed the rise and fall of the bank, following its growth via purchases of Nat West, ABN and Ci...

19 October 2011 /regulation

Would back office systems cope?

When we were at Sibos we enjoyed a team dinner in a local restaurant. As the topics of the day were mulled over somewhere up popped a contentious question "If the Greeks default, and Greece disengages from EUR and reverts to the GDR, would back office systems cope"? As the discussion raged back and forth, buoyed by the odd jar or two, i...

05 October 2011 /regulation /sibos SWIFT Matters

Risk, what risk.

Having not long come back from visiting one of the Greek Islands I declare my hand as a fan of Greece, or at least its Islands. It pains me to see the problems its going through but you can’t help but wonder at the ‘spare the rod, spare the child’ attitude of the EU. In their haste to broaden the club, they rushed through the Greek application w

22 August 2011 /regulation /sibos

An unfolding Greek tragedy.

The newspapers are full of photos of unseemly fighting and general unruly behaviour; If it’s not the Canadian hockey fans, it’s Ascot and if its not there then its Greece. I feel saddened when I see the images of Athens, ignoring the anarchists, of the common working man who is caught up in the problems. I’m a regular visitor to Greece and I like ...

17 June 2011

Lord blah blah

Lord Hanningfiled, or Paul White to give him his birth name, has been convicted of fiddling his expenses to the tune of £14,000. What I find incredulous is how all of these lords and MP's are in complete denial. He's been found out on six counts of false accounting, not 1, but 6 and that’s only the ones it’s decided are worth prosecuting. He's bee...

27 May 2011

Aren't I the lucky one?

Funny what you find in your spam mail, this weeks mail has broadened my horizons to include penis enlargement treatment, a link to a young lady of dubious morals and, wait for the drum roll, a lady offering me a swift card. I'm so thrilled, I've been picked out with 99 other lucky souls to share in USD4,500,000 and to be given, gratis, a swift car...

20 May 2011 /regulation SWIFT Matters

Dirty Data

No not the title of a chapter in a John Le Carre book, nor an invitation to spice up my pc. But in a recent survey looking at impediments to accurate counterparty risk measurement (and management) the top answer was, dirty data. If you extend counterparty risk measurement to include cash and liquidity exposure I'd say you're beginning to see the t...

04 May 2011 /regulation /wholesale

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