Derivative Disconnect: The True Weapons of Mass Destruction

“Derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal” Warren E. Buffett, 2003
Well, now we know that he was right. It does not make things any better though.
But why are derivatives WOMD? For me, in spite of all the positives mentioned by the financial industry and economists, it is because [...]

Jail the Bad Bankers: A Global Movement

There is a sense of hopelessness and anger in the world, and this negative spiral needs to be fixed in order to remake our world in a more positive fashion. I believe that the world will re-configure itself positively, driven by new values. In order to change the system, we first need to dispel negativity, [...]

Kicking off global movement to send the bad bankers to jail – will blog the approach & underlying rationale

Back in Berlin after a week in Davos at the WEF. 200 business contacts to go through!