FT.com / Comment / Analysis - Banking: City limits.
Something close to sensible analysis from the FT, noting this:
Headhunters say that as the recovery picks up and banks look to boost headcount in busy sectors, they are also now far more likely to base those positions outside London. An analyst [...]
Op-Ed Columnist - Taxing the Speculators - NYTimes.com.
Should we use taxes to deter financial speculation? Yes, say top British officials, who oversee the City of London, one of the world’s two great banking centers. Other European governments agree — and they’re right.
Unfortunately, United States officials — especially Timothy Geithner, [...]
A comment by Michael Meacher in the House of Commons yesterday:
There is something deeply rotten in the City of London, and until that is clearly and fully dealt with, this country will not be free of the risk of a bigger, further financial collapse.
I agree.
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