Hints and tips:
...Former FDIC chair Jelena McWilliams will lead the new office. It is a big change for a firm that has typically eschewed expansion in favour of Wall Street deals....
...The addition of Ms McWilliams, chief legal officer at Cincinnati-based Fifth Third Bancorp in Cincinnati, would be consistent with this trend....
...Jasper Johns wrote to him that “C. Moorman should be kept off the stage.”...
...C Emma McWilliam has moved to the enterprise risk management team at Hymans Robertson, the consultancy, from Milliman, the actuarial consultants....
...The creative genius behind it is David McWilliams, an Irish journalist and economist and sometime central bank analyst and investment banker....
...Jancis’s picks France • A&C Binner, Alsace • Josmeyer, Alsace • Réné Mosse, Loire • Ch Fouquet, Loire • C&P Breton, Loire • Puzelat, Loire • Jean Foillard, Beaujolais • Julien Sunier, Beaujolais...
...Douglas McWilliams, Centre for Economics and Business Research: The deficit has not reduced much so it is difficult to see any sensible person thinking that the reduction is too rapid....
...Eg implications for pensions, healthcare, social cohesion (cake not growing much) &c &c. It seems to me that much is implicitly premised on (r – g) being small....
...Douglas McWilliams, Centre for Economics and Business Research: Low taxes, reduced welfare, improved education, more relaxed planning controls and better infrastructure are the main government policies...
...c. Fiscal policy is tightened too quickly in the recovery phase....
...No need for any Plans B (temporary tax cuts) or C (cutting NHS spending)....
...Doug McWilliams, CEBR Supply side policies to boost growth....
...Douglas McWilliams, chief executive, CEBR The basic risk is the markets, especially forex/gilts which could derail a fiscal consolidation strategy which needs a pretty lax monetary policy to offset it....
...John C. Hawksworth, PWC: I think there will be a permanent loss of output, but quantifying this is hard....
...John C....
...Douglas McWilliams, CEBR: The first thing to do is to define what one means by the word deflation....
...Douglas McWilliams, CEBR In one word, very…. There is one major risk, which is that confidence, particularly in the financial community, does not recover....
...These have a relatively short maturity and are now being repaid out of savings inflows, leaving c nothing for lending next year....
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