Booker Rising (Free subscription) | 02/11/2008
The moderate-liberal Democratic blogger opines : "GOP blogs are sounding like Clinton-era conservative online posters, or like too many Dems in '00 and '04. Remember, in democracy, we take turns, and it's our turn now. We're ahead in the polls by the old-fashioned way of having a better candidate with better strategery, who hasn't been concentrating on places he has no hope, and has changed positions...
Philippe Legrain (Free subscription) | 23/10/2008
Banks would normally be wary of lending to someone whose liabilities were 50 times their net assets, but they happily lent to each other on that basis – until, one...
Tea with FT (Free subscription) | 26/11/2008
Sir John Kay hold that “A passive approach to bank stakes is inadequate” November 26. I agree but before we have our governments start using their bail-out investment’s to start bossing the banks around we should request the governments to first remove the disincentives the government has created to keep the banks from doing what they should do namely taking on productive risks. I just wish...
Tax Research UK (Free subscription) | 26/11/2008
I appreciated John Kay’s article in the FT this morning, of only because I agree with much of it. He says: Nationalised financial institutions have often been badly run businesses which served neither their owners nor their customers well. But recent experience has shown that privately owned financial institutions have often been badly run businesses which [...]
Financial Time (Free subscription) | 25/11/2008
Taxpayers have rescued these institutions for a specific purpose and we should use our stakes in them to insist that this is fulfilled, writes John Kay
Financial Time (Free subscription) | 18/11/2008
The 'third way' of Blair and Clinton degenerated into platitude and vacuity. Can the president-elect do better, asks John Kay
Tynan's Anger (Free subscription) | 17/11/2008
Image via WikipediaFrom John Kay of the Financial Times:The University of Chicago is appealing for $200m to establish a Milton Friedman Institute. The plan to honour the university’s most famous economist is arousing controversy. A petition to the university’s president from a group of professors reports that “many colleagues are distressed by the notoriety of the Chicago School of Economics,...
The Huffington Post (Free subscription) | 18/11/2008
... new management style created by GM which had given rise to the enormous, centralized manufacturer. John Kay of the Financial Times described the episode in a piece written shortly after Drucker's death: The book was a bestseller. But its contents and its thesis were not what Sloan and Brown had envisaged. Both Drucker and GM understood that Sloan and his team had created the practice of...
The Sun (Free subscription) | 14/11/2008
By JOHN KAY Chief Reporter ESCAPED scorpions are scaring the living daylights out of movie crews at the studios where the new James Bond blockbuster was filmed. Pest control experts rushed to answer an SOS from Pinewood Studios after two of the creepy crawlies were spotted on the loose, it was revealed yesterday. The scorpions — captured alive — were last night being examined to discover if...
Financial Time (Free subscription) | 04/11/2008
If there was a failure of prudential supervision at Equitable Life, was there not also a failure at RBS and HBOS, asks John Kay
Matthew's RSA blog (Free subscription) | 03/11/2008
In my last posting I linked the BBC’s problems to the exaggerated power of those deemed to have talent and this in turn to a broader questioning of the role of ‘genius’ in culture and science. Writing about the credit crunch and the downfall of some of the big beasts of the banking world, John Kay made a similar point in the FT last week.
Tea with FT (Free subscription) | 29/10/2008
Sir though I agree with most of John Kay’s “Could Napoleon have coped in a credit crunch?” October 29, I protest vehemently when he says that “The financial innovation that was once the means of spreading risks is now an unmanageable source of instability.” The source of instability was not the financial innovations per se; the prime source of instability was that those financial innovations...
