Tag Archives: Andrew Tyrie

The Fight for Glass-Steagall in Europe

It has been clear to both advocates and opponents of Glass-Steagall, that, once the United States returned to this principle, Western Europe would be soon to follow. Indeed, the political drumbeat for what could be called a “Global Glass-Steagall” has … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

‘Delayed Glass-Steagall’ Amendment Narrowly Defeated In U.K. House of Lords

A long debate on the Glass-Steagall Act in the House of Lords Nov. 26-27 saw the U.K.’s Cameron government battling on behalf of City of London banks, to avoid the prospect that Glass-Steagall bank separation be set up as the … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The Bankers Are Not Happy With Osborne’s Announcement

The announcement by Britain’s Chancellor of the Exchequer George Osborne that the government will “electrify” the ring-fence between retail and investment banking in the Banking Reform bill, did not please the bankers. The Daily Telegraph cites one unnamed analyst from … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , , | Leave a comment

Osborne Says Govt. Legislation Will Electrify The ‘Ring Fence’

Self preservation is a great enabler, it can empower a person or a nation to feats they would otherwise not countenance during run of the mill business.  Take this recent statement by George Osborne as a case in point.  As … Continue reading

Posted in Glass Steagall, Republicanism | Tagged , , , , , , , , , , , , , | Leave a comment

LIBOR Criminals Fall Out: Treasury and BoE Point Fingers at Each Other

LPAC, 21 July 2012) Accusations were going back and forth across the Atlantic yesterday, as both the Bank of England (BoE) and the U.S. Treasury issued reports and documents that purport to show that the other was the bigger LIBOR … Continue reading

Posted in Economy | Tagged , , , , , , , , | Leave a comment