Saturday, 7 July 2012

Bankers face the prospect of jail as Serious Fraud Office launches criminal probe into interest-rate fixing at Barclays | Mail Online

One would hope to see that the methods of financial liberalization were at the root of the problem. If this does not come out then we as a society are no further ahead in understanding basic economics and will see continuation of errors of judgement stemming from a bad design and impractical original framework of the financial sector and its links to economic activity of the real sector over time.

http://www.dailymail.co.uk/news/article-2169736/Bankers-face-prospect-jail-Serious-Fraud-Office-launches-criminal-probe-rate-fixing-Barclays.html
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!