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’The Guy Goma of the eurozone debt crisis?
It seems not.
And for those not aware of Goma…
Related links:
Do traders dream of defaulting Greeks? – FT Alphaville
Is Alessio Rastani a Yes Man? – Felix Salmon
Do traders dream of defaulting Greeks? [updated]
Update: 12.30pm (London time) — We’re not sure how to put this… but lots of people seem to believe that Mr Rastani is a hoax perpetrated by the Yes Man.
Compare the video below with this recent Yes Men hit on the BBC:
Pinewood, Peel and Michael Grade
This is Michael Grade.
FT Alphaville readers probably know him best as the chairman of Webvan 2.0 Ocado but he’s also chairman of Pinewood Shepperton, the film studio owner that revealed a takeover approach on Friday.
HuffPo proves there IS (a lot of) money in blogs
It’s a question that has plagued bloggers since – well, since the industry began its hitherto short life. Some manage to sell much more advertising than others but the Truly Big Moment comes when a big entity walks in and puts a pile of cash on the table.
Bonfire of the Hugh Hendry
Why was Hugh Hendry trending on Twitter Thursday night?
Because the outspoken hedge fund manager made something of a splash on Question Time — the BBC’s townhall-style debate show. Hendry’s thoughts on finance and the global economy turned out to be his least controversial statements of the night.
News Corp’s little bundle of joy
We’ve said before that getting this deal done wouldn’t happen any time soon, even in Europe.
But there are signs that News Corp’s bid to buy out BSkyB might end up ruffling feathers closer to home — and this time could end up getting it blocked altogether.
Will the EU limit hedge fund pay?
According to the BBC, new EU rules to regulate bank bonuses – announced on Thursday - will hit Mayfair hard: the onerous restrictions on pay, says Robert Peston, the BBC’s business editor, will apply to hedge funds too:
Bank windfall tax looms
According to PestoWire:
The Treasury is preparing to levy a windfall tax or super tax on British based banks, which could be announced as soon as Wednesday in the pre-budget report and would raise considerably more than £1bn a year for two or three years.
UK GDP revised…
… but not by much.
From Reuters on Wednesday:
And in pictorial form:
All of which means those economists who rubbished the initial reading have still got egg on their face.
Still,
BBC considers Worldwide float
The BBC has been holding discussions with City advisers about floating part of BBC Worldwide, its commercial arm, in response to pressure from the government and commercial rivals to dilute its media market power.
Call off the search, ITV edition (update)
It’s over.
As the FT revealed overnight, ITV has finally found a chairman: failed MP former Asda and Energis boss Archie Norman.
And the broadcaster is making the most of Norman’s CV, with a detailed biography in Wednesday’s press release:
Why Lloyds won’t be paying its TV licence this year
Some of you may have caught Bank of England governor Mervyn King’s appearance in the BBC Two documentary ‘The Love of Money,’ on Thursday evening.
If not, and if you are located in the UK, you can catch it here on BBC iPlayer.
[The Lehman Anniversary] The BBC’s Lehman Towers
Did the BBC mean for their dramatisation of the last days of Lehman Brothers to be utterly, cringeworthingly hilarious?
If they didn’t, they certainly did a good job making it look like they did.
In short:
Banking on blame
It’s rather amusing to imagine the thought process that must have gripped the minds of the BBC producers who devised “Can you bank on me?” :
BBC Producer One: You know this credit crunch thing deserves some prime time viewing.
Lehman Brothers: the (BBC) movie
Just in time for the one-year anniversary of the fall of Lehman Brothers, the BBC announced on Wednesday it was producing a drama “inspired by” the investment bank’s collapse.
“The Last Days of Lehman Brothers”
BBC arm in talks with private equity
BBC Worldwide, the commercial arm of the state-funded broadcaster, has held discussions with private equity groups and television content producers to find partners to fund its acquisition ambitions. Private equity executives who had spoken to BBC Worldwide said its leadership felt constrained by a £350m borrowing limit imposed on the business by the Treasury,
It’s a Lonely Planet for the BBC
BBC Worldwide has signalled its ambition to compete with the world’s largest media companies with the acquisition of Lonely Planet, one of the world’s best-known publishers of travel guides. The commercial arm of the British broadcaster on Monday announced the acquisition of a controlling stake for an undisclosed price,
Wok? Rock’s wrecked? Anyway, it was owr story, says BBC
Look. No one else is going to say this, so we’ll say it. The implosion of Northern Rock has unleashed a comical claim-game amongst media types, desperate to bag the title of “Business Scoop of the Year.”