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Top related persons:
Walter Bagehot’s - 1 Andrew Hauser - 1 BoE - 1 WALTER - 1 Gurney - 1 Peter Thal Larsen - 1 Streisand Neto - 1 Thomas Shum - 1
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British City City of London Basel Overend Lombard Malta “ Malta
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Bank of England - 1 Reuters Graphics Reuters - 1 U.S - 1 Treasury - 1 Federal Reserve - 1 Pensions - 1 . Treasury - 1 Citadel - 1

Search resuls for: "Walter Bagehot"


6 mentions found


☆ Bank of England drags Bagehot into the shadows
  + stars: | 2023-12-01 | by ( Liam Proud | ) www.reuters.com   time to read: +8 min
That is no longer tenable, in part because of reforms to bank regulation that shifted activity from traditional lenders to financial market players. These days, the institutions in need of urgent liquidity are just as likely to be pension funds, insurers or hedge funds. The British central bank’s initial ideas make sense, but only solve part of the problem. The central bank can short-circuit the panic by opening the credit taps. Central banks are only just starting to grapple with what it means to be a lender of last resort in that context.
Persons: Walter Bagehot’s, Andrew Hauser, BoE, WALTER, Gurney, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, Bank of England, Reuters Graphics Reuters, U.S, Treasury, Federal Reserve, Pensions, . Treasury, Citadel, Millennium Management, City of, U.S . Federal, Gurney & Company, Victorian, Thomson Locations: British, City, City of London, Basel, Overend, Lombard
☆ John Roberts Is Harming the Institution He Wants to Protect - The New York Times
  + stars: | 2023-07-03 | by ( Jeff Shesol | ) www.nytimes.com   time to read: +3 min
In June 2012, at the end of a contentious Supreme Court term that decided, among other things, the fate of the Affordable Care Act, Chief Justice John Roberts prepared to leave for Malta, to teach a course on the court. Such circumstances would pain any chief justice, this one more than most. The chief justice is portrayed by some as a tragic figure, powerless to save his court from itself. But the tragedy of John Roberts is that he does have the power to restore some measure of the court’s reputation — he just hasn’t used it. This term will likely be remembered as the year the Supreme Court, led by its chief justice, ended race-conscious admissions at the nation’s colleges and universities.
Persons: John Roberts, “, ”, Walter Bagehot, Roberts, Samuel Alito, Neil Gorsuch, Clarence Thomas, —, Thomas’s, Virginia Thomas Organizations: Affordable, White, ProPublica, The New York Times Locations: Malta, “ Malta, “, Alabama, Congress
☆ The Coronation of King Charles III, in Pictures
  + stars: | 2023-05-06 | by ( The New York Times | ) www.nytimes.com   time to read: 1 min
The British monarchy, according to the Victorian writer Walter Bagehot, “is commonly hidden like a mystery, and sometimes paraded like a pageant.”The mystery has diminished since his day. So has the monarch’s power. But the pageantry, in an era of instant worldwide communication, is even more widely observed, and it was on full display on Saturday in London as King Charles III was crowned. The coronation procession and the centuries-old ceremony at Westminster Abbey are the centerpiece of a three-day holiday weekend in Britain that also includes street parties, outdoor lunches and a concert on Sunday on the grounds of Windsor Castle. Katy Perry, Lionel Richie and Take That are among those expected to perform.
☆ ‘Spare’ Review: Titled and Entitled
  + stars: | 2023-01-11 | by ( Joanne Kaufman | ) www.wsj.com   time to read: +1 min
‘Our royalty is to be reverenced,” the British journalist Walter Bagehot once wrote, “and if you begin to poke about it you cannot reverence it. Its mystery is its life. We must not let in daylight upon magic.” Daylight? Oh, if only. In his score-settling, setting-the-record-straight, ghost-written memoir, “Spare”—perhaps you’ve heard about it, then heard about it some more—Prince Harry, the Duke of Sussex, spills his tea about his frostbitten penis (spare us), the loss of his virginity ( please, spare us) and his copious youthful drug use and alcohol consumption (who would have guessed?).
☆ Britain's bruised royals stay silent as Prince Harry lets 'light in on magic'
  + stars: | 2023-01-09 | by ( Michael Holden Hanna Rantala | Michael Holden | Hanna Rantala | ) www.reuters.com   time to read: +5 min
At the heart of Harry and Meghan's narrative is that Britain's sensationalist popular press is a "devil" that members of the royal family have colluded with to protect or enhance their own reputations. The royal family have been here before, though. "That said, you could argue it only reinforces the victim narrative from Harry and Meghan in America," the former aide said. "The one thing the royal family has on its side is time. So it can play the long game - which Harry and Meghan maybe can't, in that they have to be telling their story now."
☆ FTX flop evokes history’s great financial swindles
  + stars: | 2022-11-18 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
As Walter Bagehot wrote in “Lombard Street” in 1873, “The good times too of high price almost always engender much fraud. As cryptocurrencies declined in value, FTX provided a line of credit to BlockFi, a stricken crypto-lender. He talked about Three Arrows Capital, the failed crypto hedge fund, as engaged in “punting”. His firm launched a product based on a basket of crypto assets that it called Shitcoin Index Perpetual Futures, with the unsubtle ticker SHIT-PERP. He commissioned an advertisement, aired during the Super Bowl, in which the comedian Larry David casts doubt on the viability of FTX.
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