The Great Debate UK

from The Great Debate:

Is the executive pay bubble popping?

By J Saft
January 28, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Signs are it won't just be the salaries of bankers coming under fire.

An unusual array of forces are combining to make it very likely that top tier pay may be structurally falling, rather than simply taking a cyclical dip during a downturn.

from The Great Debate:

Nationalization: Terrible but inevitable

By J Saft
January 23, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Nationalization of weak banks in Britain and the United States may be preferable to current plans for insurance and soft "bad banks" schemes which risk being swamped by future losses as assets, especially real estate, continue to crater.

from The Great Debate:

As Big Brother steps up, time for credit

By J Saft
January 21, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Want to do well out of the rolling and ever expanding bailouts? Hold your nose, buy corporate credit and try not to read any news for the next five years.

from The Great Debate:

Pension assumptions hitting the wall

By J Saft
January 14, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

That 8 percent annual return on investment you and your pension fund manager were banking on is now looking almost as optimistic as Madoff's magic 12 percent, as deleveraging and deflation bite.

from The Great Debate:

Of boom, bust but maybe not the Black Death

By J Saft
January 9, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

As the crisis has deepened we've had to search farther back in history for precedents, and with deflation at hand much of the debate now centers on how similar the next while will be to the Great Depression.

from The Great Debate:

UK suffers from banks’ Darwinian hibernation

By J Saft
January 7, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Britain's banks are fulfilling their Darwinian role, to survive, rather than their economic one, to lend, and there is no easy or painless way out.

from The Great Debate:

We are all Madoff investors

By J Saft
January 2, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

It was perhaps inevitable that we ended 2008, the year we learned we were up the creek, with a great financial scandal: the Madoff Ponzi case.

from Reuters Editors:

Typewriters, Technology and Trust

January 1, 2009

dean-150Dean Wright is Global Editor, Ethics, Innovation and News Standards. Any opinions are his own.

Britain faces recession without housing ATM

By J Saft
December 17, 2008

James Saft is a Reuters columnist. The opinions expressed are his own.

james-saft1Even in the good times, many British consumers were borrowing against their houses just to fund routine consumption, indicating a big hit to come for retail sales and for the banks who hold the loans.

from The Great Debate:

Finance throws sand in wheels of trade

By J Saft
December 12, 2008

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own. --

Trade finance, a basic lubricant for the global economy, is becoming much more expensive and tougher to get, accelerating an already harrowing downturn.