Mervyn King sees it as a great unrolling drama – of murder, fraud, bankruptcy, riots and cannonballs
LONDON – The decision to provide emergency funding to Northern Rock should have been kept secret, the then governor of the Bank of England said, but was told it would be illegal. The news broke on 13th September 2007, prompting thousands...Show More Summary
Mervyn Rose, who won two Grand Slam singles titles and two Davis Cups before going into coaching and working with stars including Billie Jean King and Margaret Court, has died
Yes, it's yet another example of the skills shortage. In the middle of his review of a new book by Mervyn King, the former head of the Bank of England, Steven Pearlstein tells readers: "If you are like me, just thinking about the constant...Show More Summary
Submitted by David Gordon via The Mises Institute, Mervyn King is the British Ben Bernanke. An eminent academic economist, who now teaches both at New York University and the London School of Economics, King was from 2003 to 2013 Governor of the Bank of England. Show More Summary
Lord Mervyn King, governor of the Bank of England during the 2008 crisis, has a great anecdote about the "most bizarre" thing that happened to him during the crash. Speaking in London in March, King described the time he had to travel...Show More Summary
Former Governor of the Bank of England Lord Mervyn King stated that while the United Kingdom has developed detailed and severe banking system regulations it failed to go "far enough with tackling the fundamental problems that caused the crisis in 2008."
What is it about former central bankers who first destroy the fiat system with their monetarist policies, only to go into retirement, and preach the virtues of the one compound they spend their entire professional careers trying to destroy: gold. Show More Summary
Book review: Michael Lewis thinks Mervyn King’s new memoir The End of Alchemy: Money, Banking and the Future of the Global Economy...
It’s fitting that Mervyn King should have been a director at Aston Villa – because that job, like his previous one, has given him a close-up view of the failure of mainstream economics. I’m referring to the idea that wages...
Aston Villa suffered another blow just days after their relegation from the Premier League as directors David Bernstein and Mervyn King quit with immediate effect on Monday. Former Football Association chairman Bernstein only joined Villa last month following the February appointment of King, who had previously served as the Governor […]
That’s the message of a new book, “The End of Alchemy”, from the former governor of the Bank of England, Mervyn King. It doesn’t completely wash. Low rates bear much responsibility for seeding the financial crisis - and it was central banks, after all, that set them.
During the spring of 2008, I often attended press conferences with Lord Mervyn King, who at the time was governor of the Bank of England. It was an exciting time. Northern Rock had just collapsed, but Lehman Brothers was alive and kicking. The global financial crisis was by many seen [...]
Is it necessary to say that we hold Ben Bernanke, Mervyn King, Mark Carney, Janet Yellen, Stan Fischer, Lael Brainard, and company to the highest of high standards--demand from them constant triple aerial somersaults on the trapeze--because we have the greatest respect for and confidence in them? It probably is... Show More Summary
Lord Mervyn King, governor of the Bank of England during the 2008 crisis, has a great anecdote about the "most bizarre" thing that happened to him during the crash. Speaking in London on Friday, King described the time he had to travel...Show More Summary
Former Bank of England Governor Lord Mervyn King said another financial crisis will be inevitable, but that it won't start in the banking sector. Central banks are stuck with record low interest rates as a short-term fix to the 2008Show More Summary
A Unified Europe: Born In the USA The former Bank of England head Mervyn King said this week that the "depression" in Europe "has happened almost as a deliberate act of policy". Specifically, King said that the formation of the European Union has doomed Europe to economic malaise. Show More Summary
ANYBODY looking for an insider account of the financial crisis is spoilt for choice. The recollections of Timothy Geithner, a former American treasury secretary, are packed with pulsating drama. A book from Ben Bernanke, a former chairman...Show More Summary
Former Bank of England Governor Lord Mervyn King is continuing his vocal criticism of Europe, claiming Greece's current economic, social, and political crises have been created "almost as a deliberate act of policy." The Telegraph reports...Show More Summary