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December 17, 2009
FT interview transcript: Lamido Sanusi
...the information that we had from the banks. Within the grand scheme of things we’re not perfect and we do acknowledge that maybe one or two things could have been done...removing Mike] Adenuga [from the board of] Equatorial Trust...that wasn’t about making a mistake at all; it was about...bank accounts for less than 1 per cent of total market. When...part of the business that is related to Adenuga’s own...companies owned by Adenuga, he agreed to make immediate payments; I think so far he has paid down Naira 26bn. We did turn...institution to dilute his ownership and move very quickly, under...appointed management to remain in place. FT: This is an M...arrangement with whom? LS: I’m not at liberty now to talk about... By Tom BurgisBy
December 20, 2008
What happened next?
...narrowly missed an unidentified yacht in a part of the English Channel where the...Michael Hubble, the ship’s officer of the watch at the time of the accident, was in December 2007 acquitted of manslaughter and maritime negligence. My piece for...Investigation Branch’s report, testimony from Hubble’s trial, and interviews...panicked avoidance action; and as a result, that the wash or hull of the ferry swamped or knocked over the Ouzo; that Michael Hubble did not stop and check on the yacht’s safety...least 12 hours. Since the piece was written, P&O have offered £5,000 to...the fathers to force the company to accept responsibility for their sons’ deaths...The small amount of money – which he says would have been donated to charity...the Ouzo being found are slim, it is by no means impossible that this or... By FT Writers
May 11, 2007
Peterborough disunited
...which rose by 42 per cent in 2005 and 25 per cent last year. There has been no significant change in levels of race-related incidents...exists. Inspector Mike Sampson, a senior member of the Peterborough...tensions between communities until they respect and understand one another.” The...foot four and 15 stone. Walking from the Salvation Army down Lincoln...foreign language in groups. I was not threatened but I felt threatened...communities, of which Peterborough is a prime example. People are...which they have no control, he argues. ”It’s all very well...He has told me there have been complaints about late-night parties held...cleaning on a rota. They have few complaints. They work as much as possible...which hire them out to farms and processing plants. The main problem is the unpredictable nature of the...work for up to 10 days without a break (which they don’t mind...they are laid off for three days or more. They have few difficulties adjusting to living in Peterborough and, pace Councillor...about noise, saying they do not have parties - just friends coming...McCarthy says many difficulties stem from language barriers, which New...the community to get them to accept change.” Iain Erskine, 52, agrees. He is the head teacher of Fulbridge... By Stefan Wagstyl
December 5, 2005
Ask the experts: Pre-Budget report
...reinstated. Or he could even...shares. But until we see next year...afraid this is all just speculation...investment in UK oil and gas? Carl...will rise from 40 per cent today...profitability might not be high...Has a decision...50-100 per cent in the year...Law Society and the accountancy...developers from building new...statement that he will increase...CG: This is very difficult...agreements. So a universal...developers more or less willing...planning permission approval in terms of...large that a modest planning...supplement is unlikely...agreements - and I’m afraid I do not have one to...2012. Did he just forget about them, or do you think...will come from existing...willing to sanction a direct...with a 40 per cent tax...
November 24, 2009
Murdoch's plan may be the future
...Journal gets less than $12m a year in advertising to people who come to its site through Google, although it accounts for 23 per cent of traffic. In fact this estimate is probably too high because it equates the yield from advertising to people who reach the Journal site through Google with the yield from advertising to paid subscribers. In practice, advertisers...drawn to news sites through links and search engines is better regarded as a marketing device to attract subscribers...Mr Murdoch appears to have decided he will not lose very much by ditching Google...from the fact that Google paid News Corp $900m for the right to provide search and sell advertising on MySpace until 2010. The deal has not worked as... By John Gapper
September 25, 2009
Lunch with the FT: David Hare
...trade union is in Canary Wharf.” A waiter clears the plates, and presents the dessert menu. Hare chooses chocolate...scoop”); I select summer pudding. A few minutes later, puddings arrive...dark red mass on my plate; perhaps he does not know the menu as well as he thinks. “The real problem today is how to reconnect the interests of bankers with the rest of society, and that has to be done by regulators, as...there is now a bigger political crisis in Britain. Everyone believes that everyone else is a tribe, just out to further their own interests...not looking at where it actually came from! Do you know a single person in the...you had people snorting cocaine, or whatever. But now? Take Hank Paulson... By Gillian Tett
February 11, 2005
Tangerine dream
...s director of communications, a stringer for Newsweek, mother, and being the Davina McCall of Egyptian state television (she presents two regular reality-TV shows...Tony Blair. His youth, charisma and pragmatism echo the image of the British prime minister when he came to office - as well as the promise of a fresh start for a country fed up...regime. He explains to me that he has written 23 newspaper articles about how the...have filled their home with mail-order catalogue chic: ancient pistols...statues of parrots and horses. In the corner of the room is the biggest television screen I...old son comes into the room to ask permission to watch a DVD of Fahrenheit 9...Ismail translates (he prefers not to speak in English, although he...power without causing nightmares or unrest. We want to break the grip of... By Mark Leonard
October 26, 2007
Full transcript: William Cohan talks to Andrew Hill
...capital basically got huge, but even in the late 90s, it was still a star system. It wasn’t until after the Internet bubble burst that firms said, enough of this. It’s not going to be about these individuals anymore...the firm writ large, Goldman Sachs is the global brand. We can do whatever...expendable, make no mistake. That is a new phenomenon on Wall Street. It...Should we believe that, though, or do you think at heart a lot of these...retain this dependence on individuals, and in fact behind the brand, there is weakness...large. Bill Gates said about Goldman. He says, as I wrote in the book, his...competitor is not Oracle or it’s not Google, it’s Goldman Sachs, because it...big firms have decided to get away from dependence on individuals. AH: Is there a price to be paid for that? For example, you often... By
June 30, 2006
Add insult to injury
...were used in the attacks for breaches in security would force them into administration...passed to cap the airlines’ liability and those who agreed to accept Feinberg’s compensation had to waive...parties. The basic aim was to maintain a pre-September 11 standard of living for life - whether victims and their families got assistance from private insurance or government funds. The average award...500 for a man who broke his finger in the World Trade Centre to $8.6m for a man with third degree burns over 85 per cent of his body. The comparison with London is stark. The highest compensation award...722 to reimburse funeral expenses paid by a bereaved friend or relative. For...payment to Danny of ₤118,000 (he’s still due to be paid an additional...out, the September 11 comparison is not entirely fair. Feinberg’s scheme... By Rob Blackhurst
April 18, 2007
Transcript: Sergei Ivanov
...passed and what do we have now? This is what worries us. FT: That’s...staff] gave the impression that he was linking possible withdrawal from the INF Treaty to US missile defence plans? MR IVANOV: There is no connection. I want to clarify...the president’s Munich speech and there was no connection between the plans of the US to create a missile defense station and our...There was no connection. We are not going to break our necks producing them...you know the US openly said that in future it wants to put not just nuclear...missiles but conventional ones – in order to use these missiles, hypothetically...do you consider might be the real or hidden aim of siting the missile...We will build the plant if we are paid. We will finish construction. After...though on-site inspections, and you may deliver the fuel.” After we get such a permission, we will deliver on condition that...fuel’s existence and the fuel is shipped back to Russia. So not a single gram of industrial uranium...s nothing to worry about here [in English]. FT: Does it seem to...Mr Putin’s speech in Munich, he spoke of what many had been whispering...consider that whether we want it or not, the world will be multi...