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Tax the windfall banking bonuses
ft.com — Windfall taxes are a ghastly idea. They are a sop to prejudice, a burden on risk-taking and a form of arbitrary confiscation. No sensible person should support them. So why do I now find the idea of a windfall tax on banks so appealing? Well, this ... (more) Tax the windfall banking bonuses
UK mortgage approvals up 6 pct in September (AP)
news.yahoo.com — AP - Mortgage approvals in the U.K. rose 6 percent in September as the country's battered housing market improved, but cautious consumers paid off debt faster than they borrowed, the Bank of England said Thursday. (more) UK mortgage approvals up 6 pct in September (AP)

Bank of England Latest Blog Posts

Lunch Wrap
7 hours ago at FT Alphaville
The Bank of England’s £61.6bn HBOS, RBS rescue
7 hours ago at FT Alphaville
Fuld's Last Stand On Auction
hf-implode.com — " ZH's intern will be bidding telphonically on the below signed Warhol screenprint depicting Warhol's "GENERAL FULD" mere days before Fuld's Last Stand at which he and all of his compatriots were killed by short sellers, Charlie Gasparino, the FSA, the Bank of England, and a host of other Lakota ... (more) Fuld's Last Stand On Auction
Britain To Break Up Biggest Banks
baselinescenario.com — The WSJ reports ( on-line ): “The U.K.’s top treasury official Sunday said the government is starting a process to rebuild the country’s banking system, likely pressing major divestments from institutions and trying to attract new retail banks to the market.” The ... (more) Britain To Break Up Biggest Banks
Bank of England Throws Money at Economy
hf-implode.com — "It's no wonder that gold is soaring with the US, UK, and China all printing money like mad. Throw enough money around and gold is bound to rise regardless of anything else that might happen (all of it bad)." (more) Bank of England Throws Money at Economy
Bank of England Throws Money at Economy
globaleconomicanalysis.blogspot.com — It's no wonder that gold is soaring with the US, UK, and China all printing money like mad. Throw enough money around and gold is bound to rise regardless of anything else that might happen (all of it bad). Please consider the latest insanity in the ... (more) Bank of England Throws Money at Economy
Bank of England says financiers are fuelling an economic 'doom loop'
telegraph.co.uk — The banking sector must be overhauled as profoundly as in the wake of the Great Depression or financiers will 'game the state' over and over again. (more) Bank of England says financiers are fuelling an economic ...
Weekend Reading: Gold, Vegas, Sex, and Commercial Real Estate
paul.kedrosky.com — A few links from my weekly Weekend Reading column: Inside the Global Frenzy for Gold ( NYT ) Las Vegas construction nears standstill ( Las Vegas Sun ) The Technology Behind the Madoff Scam ( IDD ) Bank of England says financiers are ... (more) Weekend Reading: Gold, Vegas, Sex, and Commercial Real ...