Bankers and cowboys
Why regulators have created a 'monster' of new financial rules. Plus the cowboy Merle Hazard, who sings a tale about an evil banker.
Why regulators have created a 'monster' of new financial rules, according to Gillian Tett, Assistant Editor of the Financial Times. She discusses recent regulation with lawyer Tim Strong from Taylor Wessing.
Plus, a country and western lament about banking. Investment manager Jon Shayne and his co-writer Marcy Shaffer explain why they created a song about an evil banker, performed by Jon's alter-ego, the cowboy Merle Hazard.
And economics commentator Steve Fritzinger reflects on how economists judge people's progress up the income ladder.
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- Fri 23 Dec 2011 08:32GMTΒι¶ΉΤΌΕΔ World Service Online
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Business Daily
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