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...“Whilst I’d like to see some kind of kinetic action against the Behshad, I’m not sure we’ll see that in the near term,” he said. Additional reporting by John Paul Rathbone in London...
...Email me while the good times last: robert.armstrong@ft.com....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...“I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...Surely they need low interest rates to carry on their kind of R&D spending and kind of be a proper, important company. But now, it’s clearly a proper, important company in and of its own right....
...Email us: robert.Armstrong@ft.com and ethan.wu@ft.com....
...Eventually, Roberts envisions E11even as the core of a sort of miniature Las Vegas in central Miami. Taking it all in, he sounded as surprised as anyone. “Who sells $1bn in real estate off a club?”...
...Take the late Robert Solow’s exogenous growth theory....
...I’m reporter Ethan Wu here in the New York studio, joined today by liquidity maven Robert Armstrong. Robert ArmstrongI think of myself as the Mobius of liquidity....
...But without a residential crisis and assuming consumption growth stays around 2 per cent, you’d have to really crush business spending to get a recession. I’m pretty sanguine about growth....
...I’m not trying to defend all the practices, some of which are illegal or should be illegal....
...Office real estate as an asset class is a fraction of the size of residential real estate 2008. Every family in America thinks about its net worth....
...In the film, the ultimate expression of man is the finance bro and the pater familias is Gekko, who has what Steven describes as the “weird virility” of “a vaguely threatening middle-aged man stuffed into...
...Robert ShrimsleyI think I’m gonna sell Andy Street, the mayor of the West Midlands, both in himself. I think he took a bit of a pummelling this week over HS2. He came out to fight it, didn’t succeed....
...“If I’m honest, I’m sick to the back teeth of it. But every now and then I’ll eat one and go, ‘Yeah, that is good.’”...
...We’d be keen to hear from readers on this — bankers in particular....
...(Ortenca laughs) Robert ArmstrongIn any case, I don’t even know if I’m saying petard right....
...[MUSIC PLAYING] Lucy FisherWell, Steven, Robert, stay with us....
...I’m afraid I’m with Steven, particularly since Rishi Sunak could dress head to toe in gold leaf and it would still be a suit that he could afford with money to spare....
...Katie, in the interest of calming everyone about this issue, I’d like to read you a column that was written in the FT in February 2020 by one friend of the show, Robert Armstrong....
...“There have been times when I’m coaching CEOs of billion-dollar-plus companies in a parking lot in East Hampton village, because that’s where the cell service is strongest,” he says....
...Robert, what’s caught your attention? Robert ShrimsleyWell, I’m gonna go slightly left field....
...Anyway, I’m not eating any more of it for a while. Ethan Wu (Laughter) Cheese nerds, please write in with your favourite obscure cheese that we have not heard about. We’d love to feature on the show....
...Ethan WuThere’s a great piece by the journalist and academic, Steven Vogel, called Japan’s Ambivalent Pursuit of Shareholder Capitalism....
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