Quis custodiet? Put the regulators on trial if they screw up

The Treasury’s amendments to the Banking Reform Bill mean that senior bankers could face up to seven years in jail for ‘reckless misconduct’ which leads to the collapse of a bank. Certainly, the behaviour of prominent individuals in the run up to the crisis left much to be desired. If only we could have put […]

You wait for one bus then three come at once: Andy Murray and economic recessions

So Andy Murray becomes the first Briton to win the men’s singles for 77 years. When might we expect the next celebration? We can look at the typical ‘waiting time’, to give the concept a name, between victories from players from the same country. For example, Roger Federer won in both 2006 and 2007.  Here, the ‘wait […]

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