Economics and similar, for the sleep-deprived
A subtle change has been made to the comments links, so they no longer pop up. Does this in any way help with the problem about comments not appearing on permalinked posts, readers?
Update: seemingly not
Update: Oh yeah!
Monday, February 09, 2009
This is, as far as I'm aware, the second time in twelve years that my article "Remuneration and Risk" has been cited. I wasn't actually a "senior economist" in 1997 - I was a Trainee Bank Officer (Graduate), which was at the time the second lowest grade in the Bank's pay structure. (The following year they changed the grades and put the graduates on the bottom rung of the Bank Official grade, which means that the record I set for paid overtime will never be broken). Also, the BoE did not typically consider you to be an "economist" if you had a PPE degree from Oxford, basically due to bigotry on the part of the Warwick clique in the Monetary Analysis division (well come on guys, you know it's true) and I hadn't done my Masters by then.
But otherwise the FT piece is spot on; we published this article post-Barings as a shot across the bows of the industry, and everyone ignored it. The financial correspondent of the Telegraph referred to it as "hitting the market with all the impact of a feather coming to rest on a blancmange", an insult which has rankled ever since.
Labels: narcissism, nostalgia
this item posted by the management 2/09/2009 06:20:00 AM