Are Bankers Competent to be Running Banks?

(Source: Forbes Tom Groenfeldt) – Not especially, according to an IBM report which surveyed more than 2,000 financial executives.How good are banks on core technology skills? Not very, they admit. Although 39 percent told IBM they think capitalizing on new...

Odds of a Second Credit Crash Rising

Fact 1 (Source: The Globe and Mail) – The European debt crisis has taken a turn for the worse:There is a serious risk that even the half-baked bailout plan announced on July 21 cannot be implemented. Source: The Globe and Mail Posted on Tuesday, September 6,...

Is the Euro Doomed?

NEW YORK (Source: CNNMoney By Ben Rooney) — After a summer fraught with uncertainty, investors in Europe returned this week from holiday to find the eurozone sovereign debt crisis may actually be getting worse.The European Union made a grand gesture in July,...