THERE are only a handful of occasions on which it feels acceptable to have a drink before the sun has reached the yard-arm. Christmas, weddings and funerals, and the Test match are all fine. So too, for some reason, is an airport. I have never been entirely sure why the last one should count. Probably… Continue reading The government may clamp down on drunkeness at British airports
ANY big announcement about banks that is made after the markets close, and with a weekend to come before they reopen, brings back dark memories of the 2007-08 financial crisis. The results of the latest European bank stress test, which were released on Friday night, lacked the drama of that period and contained much that… Continue reading Stress tests results reveal a broadly healthier industry
While it would be great if we all had enough money to fund all of life’s expenses without worry, we know that’s not the case. Sometimes we have to borrow a little to keep moving forward, and that’s when a personal loan can be a good solution. What is a personal loan? A personal loan is… Continue reading 6 Reasons to Get a Personal Loan
THERE are two professions in which you can identify members by the tone of their voice. One is teaching. Those who deal with unruly kids all day never quite lose that twang of exasperation mixed with bossiness. The other is flying aeroplanes. There is something instantly recognisable about the calm, authoritative voice of a pilot.… Continue reading Do flyers expect flight crew to talk in a certain (male) manner?
Some of our investors have observed the funding environment and asked: “Are you going to become a balance sheet lender, just like a regular bank? Has Lending Club’s business model changed?” Let me be very clear: Lending Club is committed to the marketplace model and we do not plan to become a balance sheet or… Continue reading Lending Club and the Marketplace Model
THIS week, Democrats are meeting in Philadelphia to nominate Hillary Clinton as their candidate for the presidency. In between the speeches, party business, musical acts and other convention agenda items, the party has been airing short, funny little videos, starring former members of Barack Obama’s economic team. Here’s one that ran last night, featuring Gene… Continue reading Bigger budget deficits in America: the crazy policy or the sane one?
Would an outsider do better? “THE pace of technological change will only increase,” Hans Vestberg told a group of visitors to Ericsson’s headquarters in Stockholm a few months ago, adding that his company had to learn from “innovators”. Though Ericsson is a colossus, with two-fifths of the world’s mobile-phone traffic passing through its networks, he… Continue reading Hans free