Posts tagged ‘money’

July 26, 2013

Handsome Enough To Tempt Us To Spend!

Jane-Austen-new-bank-note

What wonderful news that Jane Austen is to be commemorated on our new £10 notes. Shock, horror, can campaigning really work?

The glorious Bank of England announced that it was going to replace Elizabeth Fry, the only female historical figure on a banknote, with Winston Churchill.  This sparked a huge campaign

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May 24, 2013

Dear Diary

thebirds

Not another one!!

Dear Diary

I’m in my 30s and single.  Yeah, I’m ‘looking for lurve’ but I’m not in the slightest desperate and I’m happy enjoying my life with my friends and family.

Recently, in Delhi,  I have been approached by so many married men, one married to a very dear friend of mine, that have tried to kiss me and one even propose to me! Despite being already married.  Another married man thought nothing of sharing his sick fantasy – he wanted another two children with me besides his others.  Not with me mate!

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March 24, 2013

Legally Robbed

cyprus-bank-protest

As I write, the Cypriot President is in Brussels trying to negotiate a deal to rescue his financially strapped country from bankruptcy.  The potential deal is thought to include a mandatory tax of 20% on those with savings over €100,000.  Last week the tax that was being agreed was 10% on all savings over €10,000 which amounts to legally sanctioned daylight robbery.

It’s an understatement to say people on the island are aren’t very pleased

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January 7, 2013

Heroes and Demons

People protest to defend the public sector against cuts imposed by the Spanish government in central Barcelona

Locksmiths in Pamlona, Spain, unanimously decided they would not help banks reclaim property from customers who fell behind their mortgage payments.  A locksmith interviewed by the Guardian recounted an awful story of how one sick, elderly man was barely able to get his trousers on before he was made homeless.  Whilst the action of the locksmiths turns them into heroes, the demons are less clear.

There is a lot of anger

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June 28, 2012

Rough Diamond

Oh dear, the banks have been caught at it again. This time it is Barclays; the one bank that looked strong and seemed to give the impression that it had managed its books well to escape a public takeover. How looks are deceiving. Traders under Bob Diamond’s watch were blatantly manipulating inter-bank lending rates to ensure a larger profit margin.

Wasn’t it Bob Diamond who spoke about cultural reform in the banking sector following the global financial crisis? How the pot is calling the kettle black.

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May 2, 2012

Rich List Women

The top 5 women in the Sunday Times Rich List are said to be there by default, meaning that they are there through divorce or inheritance write Jane Martinson in the Guardian. In fact the 8th woman in the list, Dame Mary Perkins, founder of Specsavers, is the first woman to accumulate her fortune of £870million through her own business venture and is 84th on the overall list. Apparently, there are no men in the Sunday Times Rich List who have amassed a fortune through marriage or inheritance. What none of them have inherited a family business that their father built????

Martinson suggests that this is no triumph for feminism but I do beg to differ?

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May 1, 2012

Murdoch: Not Fit For Purpose

Media moghul, Rupert Murdoch, was declared unfit to run a major international company today and the question of ethics in business was brought  to the surface in this inquiry. He was not condemned today for the  illegal phone hacking which swiftly became widespread in his tabloid paper “New of the World”, but for ignoring and allowing it to continue for personal gain. Surely he would act responsibly towards his stakeholders, shareholders, employees, customers, sources, victims etc..?

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March 15, 2012

Goldman Sachs Muppet Show

If you are going to resign from one the world’s largest investment banks, I guess you got to do it in style. Greg Smith, resigned today from his position as Executive Director from Goldman Sachs and yesterday his letter was published in the New York Times.

The letter exposes the sheer nature of the culture within investment banks that seethes most of us and finally one individual has stood up to be counted after 12 years of working at the company that he once loved. Clients are said to be referred to as “muppets” internally by senior management, clients’ best interests are sidelined in the way the bank makes money and there is a distinct lack of integrity in the way business is conducted. So will anyone take notice of Greg Smith or will his resignation letter just go on a pile and he be forgotton. Furthermore, who will employ him now that he has made such a public statement about his previous employers?

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May 1, 2011

The Legacy of Sathya Sai Baba

The recent death of Sathya Sai Baba has evoked many of his devotees to speak up in his defence. To millions he is their saviour. As one follower put it “He is God himself”. To cynics, he is just a very successful orange robed conman preying on the vulnerable to build his $9billion empire. This is only an estimation as no true valuation can take place – he did not have a bank account!

So who is Sathya Sai Baba?

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March 24, 2011

Say No To Tampon Tax

I don’t mean to split hairs or even cotton fibres on this topic but I hope the Chancellor of the Exchequer will think of us when he sets the budget for the year ahead. I heard on the radio that he is indicating he will be kind to motorists and that’s very nice of him but he should do something bolder for women by abolishing the tampon tax.

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