In theory, we are in bonus season. But it’s looking more like clawback season as banks give bonuses more in line with performance. A case in point is UBS, which for the first time in its history is taking back part of the bonuses slated for its investment bankers, according to a report in the… Read More >>
Justified Paranoia?
My paranoia last month may have been justified. I wrote about the Occupy London protesters wanting to camp out near the London Stock Exchange (LSE) and the cyber-attacks between Israeli and Arab hackers as harbingers of more trouble to come. It looks as if not only was I was right but there needs to be… Read More >>
The Cyber-Battles Have Begun
Call me paranoid but I see a more troubling cyber-battle brewing in the Middle East than in Washington, DC where pending anti-piracy legislation caused Wikipedia to take a day off. Israeli and Arab hackers have been attacking the websites and systems of stock exchanges, among other targets, and I worry it’s a harbinger of things… Read More >>
