September 2011

Ring-fencing rogue traders

25 September 2011

Kweku Adoboli managed to cost UBS over $2 billion with his rogue trading, and has now cost chief executive Oswald Grübel his job. While this time the buck stopped at the top, it is more than can be said for many previous rogue trading cases. Grübel was called out of retirement to take the helm […]

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Unblock Us

18 September 2011

A few months ago, I complained that more and more online music sites have blocked access from Australia. Of course, the arcane licensing of intellectual property has also led to many other sites being blocked for Australians. Anyone living down under trying to access BBC TV via their iPlayer, or trying to stream US TV […]

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Dissonance and Debt

1 September 2011

Ever since Standard & Poor’s downgraded the US government from AAA to AA+ I have been drawn into debates about the risks posed by growing US government debt. Ever since reading the book Mistakes Were Made by Carol Tavris and Elliot Aronson I have been fascinated by cognitive dissonance and as my debt debates kept following the same […]

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