Live from “Making the Case for Global Economic Governance”, a Friedrich-Ebert-Stiftung and Munk School of Global Affairs sponsored pre G20 conference here in Toronto. Speaking now is Jomo Kwame Sundaram, Assistant Secretary-General for Economic Development, Department of Economic and Social Affairs, United Nations, and facilitated by Chrystia Freeland, Global Editor at Large, Thompson Reuters.  His role is the link on economic affairs between the G20 and the UN.  [Note Paul Martin remains in the audience listening.] Broadly he is making the case that the thing to be feared is deflation, and that the amount of stimulus that has occurred is … Continue reading G20 and the UN

Thanks to the Financial Brand and Ron for this.  They had a good thing going with the green chair and the old guys.  Now this out of the blue green.  Words fail me.  Maybe Ron made this up? A press conference staged for the introduction of “TD,” the bank’s new mascot. If there were indeed that many reporters at the event with their hands raised anxiously, the number one question was likely to be, “What the heck is it?” Technorati Tags: TD Continue reading TD loses it

In a legislative proposal that reeks of book burning Joe Lieberman like the little Dutch boy, pokes his finger in the dyke.  Sad. US Government proposes “Internet Kill Switch” | The Escapist Lieberman explains that the Internet can be a dangerous place that accesses personal bank accounts, government infrastructure and industrial secrets. “Our economic security, national security and public safety are now all at risk from new kinds of enemies – cyber-warriors, cyber-spies, cyber-terrorists and cyber-criminals.” Here is US cyberbill 2010. Continue reading Internet Kill Switch | Lieberman

Grant Thornton LLP’s have released their 17th Bank Executive Survey  and it shows a significant increase in the numbers of Bank Execs expecting the US economy to improve, although I do notice that it is not an overwhelming shift as yet. One-quarter expect to increase hiring in the next six months CHICAGO, June 18, 2010 – According to Grant Thornton LLP’s 17th Bank Executive Survey, conducted in conjunction with Bank Director magazine, the majority of bankers are optimistic about the U.S. economy in the coming months, with 45 percent expecting it to improve in the next six months. This is … Continue reading One-quarter Bank Execs expect to increase hiring in the next six months | Grant Thornton