capitalravings.blogspot.com
Capital ravings: Will ICB proposals on bank capital keep taxpayers dry?
http://capitalravings.blogspot.com/2011/05/will-icb-proposals-on-banks-capital.html
A Londoner’s take on financial sector reform and other things. Sunday, May 15, 2011. Will ICB proposals on bank capital keep taxpayers dry? The ICB proposals for bank capital are too low and plans for debt bail-ins and resolution plans too weak to protect taxpayers from the next bank crisis. Double the capital requirements by earnings retention and paying bonuses in equity, or opt for full structural separation. Apparently, breaking up the banks is too difficult and too expensive. The ICB proposes liftin...
capitalravings.blogspot.com
Capital ravings: Save the NHS, push for limits on private health provision
http://capitalravings.blogspot.com/2011/02/save-nhs-push-for-limits-on-private.html
A Londoner’s take on financial sector reform and other things. Tuesday, February 1, 2011. Save the NHS, push for limits on private health provision. Here’s an idea to stop the government from gutting the NHS - push for an amendment that limits the percentage of the NHS budget that GPs can farm out to the private sector. An unexpected champion for this might turn out to be David Miliband, who landed one of the few real blows on the government’s health reform plans in yesterday’s Commons debate. The answer...
capitalravings.blogspot.com
Capital ravings: For and against NHS reform - in their own words
http://capitalravings.blogspot.com/2011/01/for-and-against-nhs-reform-in-their-own.html
A Londoner’s take on financial sector reform and other things. Sunday, January 30, 2011. For and against NHS reform - in their own words. UPDATE: New book due out in April " THE PLOT AGAINST THE NHS. By Colin Leys and Stewart Player, promises to expose the creeping privatisation of the NHS. A previous Colin Leys book "Market Driven Politics: Neoliberal Democracy and the Public Interest" (reviewed in detail here. Under "read more" below you will find two documents that set out the cases for and against.
capitalravings.blogspot.com
Capital ravings: Vickers: 8 reasons why the banks' arguments are wrong
http://capitalravings.blogspot.com/2011/09/vickers-how-weak-is-banks-case-against.html
A Londoner’s take on financial sector reform and other things. Monday, September 5, 2011. Vickers: 8 reasons why the banks' arguments are wrong. It’s only a week to go before Sir John Vickers publishes the ICB’s final report on bank reform and the debate is heating up spectacularly. The banking lobby has gone into spin overdrive and is pumping out arguments against change in various newspapers. On the BBA blog. Are putting the other side of the argument. If the anti-ringfence arguments are sufficiently d...
capitalravings.blogspot.com
Capital ravings: ICB submission
http://capitalravings.blogspot.com/2011/07/icb-submission.html
A Londoner’s take on financial sector reform and other things. Tuesday, July 5, 2011. Click "Read more" to see the full text of my submission to the Independent Commission on Banking. Greg Ford is editor and research manager at the think tank Re-Define. This submission represents his personal views. Consultation question 1.1. Do you agree with the general position set out in this Interim Report. Underlying my submission is a belief that banks and the financial system should not in general profit from pub...
capitalravings.blogspot.com
Capital ravings: Youth unemployment: another misguided case of ‘leave it to the market’
http://capitalravings.blogspot.com/2011/02/youth-unemployment-another-misguided.html
A Londoner’s take on financial sector reform and other things. Wednesday, February 23, 2011. Youth unemployment: another misguided case of ‘leave it to the market’. Alice Roosevelt Longworth once joked that “the secret of eternal youth is arrested development”. The TUC’s February Labour Market Report. Shows youth unemployment approaching one million. A quarter of these are considered long-term unemployed having been without work for longer than a year, the highest level for seventeen years. That's hard t...
capitalravings.blogspot.com
Capital ravings: Ringfencing as a laboratory experiment
http://capitalravings.blogspot.com/2011/09/ringfencing-as-laboratory-experiment.html
A Londoner’s take on financial sector reform and other things. Friday, September 2, 2011. Ringfencing as a laboratory experiment. The banks are predicting doom. If ringfencing comes, saying their inability to lend will stifle growth and it will all be the government’s fault. The government’s reaction in the short-term, I hope, will be to call their bluff and do it anyway. Let’s see – it’s only ten days to go before the ICB publishes its final report. But what happens a bit further down the track? This wo...
capitalravings.blogspot.com
Capital ravings: More NHS materials
http://capitalravings.blogspot.com/2011/02/more-nhs-materials.html
A Londoner’s take on financial sector reform and other things. Thursday, February 17, 2011. Unison, the health workers union, takes apart the government's myth-buster document (see earlier posting For and against NHS reform - in their own words. In a response called " Rebutting the rebuttals. Sample letters to write to MPs and GPs, and other Unison docs here. Follow the legislative progress of the Bill through the committee stages. Subscribe to: Post Comments (Atom). Global bank levy I. Lord Turner's lec...
capitalravings.blogspot.com
Capital ravings: At half time it’s KONP 1 – Cameron and Lansley 0
http://capitalravings.blogspot.com/2011/04/at-half-time-its-konp-1-cameron-and.html
A Londoner’s take on financial sector reform and other things. Wednesday, April 6, 2011. At half time it’s KONP 1 – Cameron and Lansley 0. The government yesterday said it was in listening mode over health reforms, a significant victory for all the Keep Our NHS Public. And other campaigners fighting its health reforms. But the Health and Social Care Bill is not dead yet and there is plenty more lobbying to do. Thanks to this government pamphlet. Myth 4), when he argued that the reforms did not count as p...
capitalravings.blogspot.com
Capital ravings: What’s missing from Cameron’s public services white paper
http://capitalravings.blogspot.com/2011/07/whats-missing-from-camerons-public.html
A Londoner’s take on financial sector reform and other things. Monday, July 11, 2011. What’s missing from Cameron’s public services white paper. Private equity firm Blackstone escaped most of the blame for Southern Cross’s demise on Monday (see previous post How Blackstone made its £600m from Southern Cross. But the techniques it used to make its windfall raise serious questions about whether private equity firms are appropriate owners for public service providers. Ironically, the paper was launched on t...
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