Joe Kennedy always claimed he'd avoided the crash of 1929 by getting out of the market as soon as he noticed that even shoe shine boys were talking about hot shares. His logic was that as soon as everyone started piling into the market, shares prices would cease to reflect real underlying values and instead they'd bubble up right until the inevitable correction. In the same spirit, I think I see t...
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HouseofDumb on 2nd Feb 2012 (via houseofdumb.blogspot.com)
Value of shares in RBS and Lloyds falls amid fears backlash against bonuses will damage their performance.
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Telegraph on 30th Jan 2012 (via telegraph.feedsportal.com)
Labour's business spokesman Chuka Umunna reflects on the decision of RBS boss Stephen Hester not to take up his bonus of shares worth one million pound.
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BBCPolitics on 30th Jan 2012 (via news.bbc.co.uk)
The Royal Bank of Scotland chairman, Sir Philip Hampton, has given up a £1.4m shares reward he was due later this year, the BBC learns.
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BBCPolitics on 28th Jan 2012 (via bbc.co.uk)
Nick Clegg’s Mansion House speech on “a more responsible capitalism” gathered publicity, particularly for his widely-reported call for employees to be given the right to ask for shares in the company they work for. I am still puzzling over how people can be given a right they already have. Anyone can ask for shares at
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LiberalDemocratVoice on 25th Jan 2012 (via libdemvoice.org)
Jury hears tycoon secretly bought shares to support conglomerate’s stock price and expensive properties
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FT on 24th Jan 2012 (via ft.com)
In the trade-off between providing incentives and exposing workers to excessive risks, shares and share options don’t provide a happy medium, writes Tim Harford
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FT on 20th Jan 2012 (via ft.com)
Nick Clegg yesterday called on more British companies to offer shares to their employees, arguing it will improve productivity and unlock growth: “We don’t believe our problem is too much capitalism – we think it’s that too few people have capital.” (Also available on the BBC website here.) * You can read Nick’s speech in
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LiberalDemocratVoice on 17th Jan 2012 (via libdemvoice.org)