‘Practical men who believe themselves to be quite exempt from any intellectual influences are usually the slaves of some defunct economist’. Practical men, say, like Bob Diamond. You can’t get much more practical than a man of limited intellect who takes from his place of work £17m a year, less a bit for having led [...]
Posted on June 8, 2012, 5:13 pm, by Gordon Pearson, under
Company Law,
Corporate Governance,
Corruption,
Economic Theory,
Financial Sector,
Political Decision,
Regulation.
The threat to the world’s liberty today comes from the monopolistic power of unregulated corporates. That is exercised mainly through banks such as Goldman Sachs and financial intermediaries and traders such as Glencore. A year ago the Financial Times ran a series of articles showing how Glencore fix commodity prices for their own profit and [...]
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