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Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Credit Crisis Hillarity

I saw this last night and thought it was brilliant. Watch for the "Bear Sterns will NOT go under..." and "Lehman Brothers is NOT Bear Stearns..." comments. A sad comment on the state of financial journalism. It ends with a wonderfull interview with Sir Alan Stanford at the end. "What does it feel like to be a billionare?&q...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

The curious case of Paul Moore and HBOS

The FT helpfully printed the full Paul Moore memo in today's paper here. To be honest his claim that he was replaced by a manager, at the approval of the CEO, with no previous risk management experience does not in the least bit surprise me. In my experience for every hard working, dilligent and compenent risk manager working inside banks over the...

/regulation

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Scheudenfraude is an ugly word--in any language

Now I've spent 15 years writing about technology and data on Wall Street and the City. I've met many people who do (or did) take home a fat wad of cash and others who get by on much smaller wallets. But as the events of this week continue, I have been a bit disturbed by the level of bile floating around the blogs and even in mainstream news. All of...

/wholesale Whatever...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

This is supposed to make us love Vista

Vista has been discussed on this forum. And as someone who was cornered into buying a laptop with Vista Home Basic last year. 'groan'. This is what Microsoft is now showing in the US to make us love Vista a little bit more. Makes you kind of re-evevaluate the E Trade's vomiting baby ad.

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

TradeElect goes POP

I am surprised there has not been more comment on this, within the forum. The last LSE outage also happened on a busy trading day--the end of the UK tax year. Although it was pre-TradeElect. While the exchange has not come out with the exact reason for the outage yesterday. I believe the problem in 2000 had to do with someone at the outsourcing fi...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

When's Bloomberg going to sell Bloomberg?

Rumour has it that now that there are a few extra empty desks in the City (and Wall Street) many of them are hosting very expensive, and idle, Bloomberg terminals. The scramble to consolidate and save money (and find those redundant serial numbers) is now on. Reuters was sold for £9 billion. When will $20 billion start looking like silly money?

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

It's a man's world...?

This is a funny story about about how women with long nails can't use an iPhone. Which is a bit strange, as an owner of an iPod Touch, I think they are a rather female friendly. But it got me thinking about other tiny annoyances for women in the City. To name a few: 1. Shiny marble floors at investment banks when your wearing high heels. 2. Name...

Whatever...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Lost in Transit

Is anyone else a tiny bit suspicious about the recent 'Whoopes, we lost some customer data" annoucements? It is a case of something not happening very often so it is big news? Or is this the financial services' version of 'it fell off the bank of the truck.' The last time I left something on a train/bus/shopping mall 'in transit' it was mitten...

/security Operational Risk Management

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Death by Blogging?

There is an article in the NY Times today called In Web World of 24/7 Stress, Writers Blog Till They Drop . The article talks about the immense pressure bloggers (especially technology bloggers) face keeping up with a 24/7 demand for information. And cites two well-known tech bloggers who recently died. Now the piece does focus on people who are ...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

The E Trade Super Bowl Ad--what were they thinking?

Following on from Paul Penrose's earlier blog about the $5 million beleagured E Trade spent on their Super Bowl Ad, the WSJ today, shows just what that amount of money looks like. Really, a vomiting baby? Click here to see.

/retail

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