I point readers to the parable of the ox from Saturday’s FT. Perhaps a popular revulsion at the misallocation of resources to regulation can be kicked off. My further objection has always been the presumptuous nature behind the law relating to regulation and the conduct of the regulators themselves. But at least a start is…
I was on the dog to Brussels yesterday and, as it has been put to me (I think highly credibly), there is only one way to attempt (there is no certainty in these actions) to start to bring the migrant crisis under control: it is to attack the mafiosos and gangsters of North Africa. This…
Correction: The item covering the Srebrenica memorial stone which I offered yesterday was incorrect in two respects. The first was the date which should have been 11th July 2015 and the second, rather more important, was that it was not several hundred Muslims who were slaughtered but 8,500 men and boys. ***** It is worth…
Things you never knew or proof that the Princess Royal is down to earth: I doubt if there was any D notice in place but, certainly, the UK press entirely missed this one. My source is a functionary in Brussels. However, on 20th July a ceremony was held in Srebrenica on the twentieth anniversary of…
It now transpires that a large number of the email addresses and profiles hacked at Ashley Madison, preparatory to a blackmail campaign, have turned out to be fake. There are two points arising: (i) it’s hard to blackmail somebody who does not feel threatened; and (ii) the flotation of Avid Life Media would be looking…
I appreciate that not everybody is truly absorbed by Gate Ventures plc (GATE). However, using the site that I imagine works, I cannot find any evidence that any return of capital issued has been made to Companies House. Perhaps a representative of the youth of today knows where to look. If so, he/she is welcome…
As I think I have previously mentioned I own c. 150,000 OEM Plc as does a chum. It is now in liquidation – although strangely I never received any formal notice that this was the case. Anyway, pursuant to a bizarre set of events (such as Baker Tilly, the then auditors, popping up as the…
It’s been a long wait but it looks as if gold has finally bottomed and is now on a run. It is always impossible to be confident as to where gold goes but, surely, we are looking at currency chaos right now with no sign of a let up. These are perfect conditions for gold…
I am out of Quindell (QPP) to all intents and purposes. But I regret it since this seems certain to rise. The main reason is that the bears will thin out and back off from their dogmatism. QPP is now 105p. The withdrawal of the FCA from enquiries at QPP is bullish for QPP since…
As regular readers know I tend to regard securities industry regulators as bordering upon or in fact mad. As an example, about ten years ago a highly experienced and of course regulated stockbroker described to me how he had been warned that he was guilty of market abuse by getting into work early and putting…
