How do we think EU negotiations will go?

[vonuber]

sidicks said:

Who has said that any forecasts should be ‘rejected out of hand’?

Well, given we have had enough of experts it does rather follow.
Although I guess that only applies to forecasts by experts, amateurs are fine.

[sidicks]

vonuber said:

Well, given we have had enough of experts it does rather follow.

Except that wasn’t exactly what was said or meant, but some people are desperate to misrepresent what was actually.

vonuber said:

Although I guess that only applies to forecasts by experts, amateurs are fine.

You guess wrong as ever.

[Digga]

vonuber said:

sidicks said:

Who has said that any forecasts should be ‘rejected out of hand’?

Well, given we have had enough of experts it does rather follow.
Although I guess that only applies to forecasts by experts, amateurs are fine.

True economic experts tend not to make broad, sweeping (or headline-grabbing) forecasts.

[Hugo a Gogo]

Tuna said:

In other news... the Cambridge Biomedical Campus, local to us is going ahead with £500million pounds worth of investment and is home to 15,000 workers.

CBC said:

Our global corporate headquarters are located at the Cambridge Biomedical Campus and we are investing over £500m in a strategic Research and Development hub here. This reflects the importance we attribute to the science ecosystem, skills base, and academic excellence of the world-leading sector cluster in Cambridge, within the UK’s 'golden triangle' for life sciences. We welcome the importance attributed to infrastructure in the strategy which is critical for the 15,000 employees, academics, patients and visitors coming to the CBC every day.

those two things are nowhere near the same

[Zod]

Digga said:

vonuber said:

sidicks said:

Who has said that any forecasts should be ‘rejected out of hand’?

Well, given we have had enough of experts it does rather follow.
Although I guess that only applies to forecasts by experts, amateurs are fine.

True economic experts tend not to make broad, sweeping (or headline-grabbing) forecasts.

Well, that rules out Patrick Minford for a start!

[hyphen]

Zod said:

hyphen said:

Goldmand boss is now coming across as a bit of a joke

After making all that fuss on Twitter about the lovely weather in Frankfurt, he has now decided on Paris as the preferred option.

https://www.ft.com/content/f7397d3c-ce03-11e7-b781...

You know, he might just be suggesting that both Paris and Frankfurt will benefit from the move of Goldman jobs from London.

I'm sure you know better though.

And I'm sure you know better than the FT, who indicate Paris is preferred as the American staff don't fancy living in stty Frankfurt regardless of the weather on the day lord vampire squid visited...

Edited by hyphen on Tuesday 21st November 14:15

[Eddie Strohacker]

Yet you think a boy from the projects whose dad was a postman & still rose to run a $10bn investment bank is a joke. You don't realise how much of a mirror you're holding up to yourself.

[hyphen]

Eddie Strohacker said:

Yet you think a boy from the projects whose dad was a postman & still rose to run a $10bn investment bank is a joke. You don't realise how much of a mirror you're holding up to yourself.

His current conduct? yes.

This is a CEO of a $10bn investment bank, who didn't used to tweet at all, and has now decided that he wants to emulate Trump's Twitter strategy...

And he should have gone after the crash, Goldmans knowingly defrauded investors, helped Greece hide its debts and more. When I look in the mirror, I don't see a vampire squid

Edited by hyphen on Tuesday 21st November 14:36

[Mrr T]

Sway said:

Tuna said:

Interesting piece on Order-Order with regards to passporting, essentially saying it's not seen as a priority outside of Remain reporters like the Independent and Standard:

https://order-order.com/2017/11/20/city-moved-on-p...

Guido said:

the International Regulatory Strategy Group, which is co-sponsored by TheCityUK and The City of London Corporation, published a report on “Alternatives to Passporting” and concluded “the focus of the Brexit negotiations should be on designing and delivering a bespoke UK-EU deal rather than reforming or adapting existing frameworks“

Indeed. Hence my mention earlier of 'enhanced equivalence' as an option.

For all of MrrrT's assertions that everyone will have their euro subsidiaries setup and ready to go in a year's time (or even three years), it's just not feasible.

Ignoring the challenges of capitalising those new organisations to meet the regs without impacting the barely held capital requirements we put in place post 08 (and opened the printing presses for) - just look at RBS. Required to divest it's English business neatly a decade ago, and still nowhere near actually achieving it...

I expect the Guido article reflects the fact that the whole FS industry has now spent months and millions on working out how to deal with the loss of passporting. In the next year these companies will do the development necessary to put those solutions in place before March 2019.

All of the major FS companies have regulated entities in the rEU. Some extra regulatory approvals maybe needed but for some reason rEU regulators are being very accommodating, Moving capital around is not difficult, even if it’s needed since most large FS companies have little interest in an capital intensive businesses.

The FS industry will be ready to service its rEU customers. This will involve jobs moving from the UK, at first this will be the minimum but for many FS companies where 60/65% of the business is with rEU customers guess where the growth will be.

You voted for it, you got it. Brexit tax anyone?

[Eddie Strohacker]

hyphen said:

His current conduct? yes.

This is a CEO of a $10bn investment bank, who didn't used to tweet at all, and has now decided that he wants to emulate Trump's Twitter strategy...

Trump? Laughable, not even close. I'd appreciate a little intellectual honesty along the lines of - Blankfein is not a fan of Brexit, we disagree but I respect the man's achievements which are distinguished by any reasonable measure.

But sure, call him a joke & compare him to Trump, that's me persuaded.

[hyphen]

Eddie Strohacker said:

Trump? Laughable, not even close. I'd appreciate a little intellectual honesty along the lines of - Blankfein is not a fan of Brexit, we disagree but I respect the man's achievements which are distinguished by any reasonable measure.

But sure, call him a joke & compare him to Trump, that's me persuaded.

What achievements... Chief scumbag at a company full of scumbags?

It is all there in black and white. He was at the helm when Goldmans helped Greece hide its debts, he was at the helm when Goldman defrauded its own investors...

[Eddie Strohacker]

hyphen said:

What achievements... Chief scumbag at a company full of scumbags?

Aaand this tells me all I need to know. Back to the playground you go, to hang about with the other children in conspiracy loons corner

[hyphen]

Eddie Strohacker said:

hyphen said:

What achievements... Chief scumbag at a company full of scumbags?

Aaand this tells me all I need to know. Back to the playground you go, to hang about with the other children in conspiracy loons corner

So you are telling me Goldmans has not been found guilty of the the things I have said, that they haven't paid out billions in fines for fraud and more?

Back to the playground for you if you can't backup your little "oh but look how successful he is" without the warts and all.

[Zod]

hyphen said:

Zod said:

hyphen said:

Goldmand boss is now coming across as a bit of a joke

After making all that fuss on Twitter about the lovely weather in Frankfurt, he has now decided on Paris as the preferred option.

https://www.ft.com/content/f7397d3c-ce03-11e7-b781...

You know, he might just be suggesting that both Paris and Frankfurt will benefit from the move of Goldman jobs from London.

I'm sure you know better though.

And I'm sure you know better than the FT, who indicate Paris is preferred as the American staff don't fancy living in stty Frankfurt regardless of the weather on the day lord vampire squid visited...

Edited by hyphen on Tuesday 21st November 14:15

I do know better. They are doing both. Added to which, I understand their staff sentiment entirely, having lived and worked in both Paris and Frankfurt.

[Zod]

hyphen said:

Eddie Strohacker said:

Trump? Laughable, not even close. I'd appreciate a little intellectual honesty along the lines of - Blankfein is not a fan of Brexit, we disagree but I respect the man's achievements which are distinguished by any reasonable measure.

But sure, call him a joke & compare him to Trump, that's me persuaded.

What achievements... Chief scumbag at a company full of scumbags?

It is all there in black and white. He was at the helm when Goldmans helped Greece hide its debts, he was at the helm when Goldman defrauded its own investors...

It's funny how much you some of you Brexit types share with the far left.

[hyphen]

Zod said:

I do know better. They are doing both. Added to which, I understand their staff sentiment entirely, having lived and worked in both Paris and Frankfurt.

And you still will be able to work in Paris and Frankfurt after Brexit, don't worry so much about Brexit

[Eddie Strohacker]

Zod said:

It's funny how much you some of you Brexit types share with the far left.

Strange bedfellows indeed. So hard to keep up with but this week, Morrisey's cool, so are the Russians but Blankfein must swing from a lamp post. Stay tuned for the next instalment.

[hyphen]

Zod said:

It's funny how much you some of you Brexit types share with the far left.

Make your mind up, I thought Brexit types were all uneducated far right racists

You can be non-left and recognise that some companies are more rotten than others...

[hyphen]

Eddie Strohacker said:

Zod said:

It's funny how much you some of you Brexit types share with the far left.

Strange bedfellows indeed. So hard to keep up with but this week, Morrisey's cool, so are the Russians but Blankfein must swing from a lamp post. Stay tuned for the next instalment.

Keep your blinkers on whilst you eat your squid.

[amusingduck]

Hugo a Gogo said:

Tuna said:

In other news... the Cambridge Biomedical Campus, local to us is going ahead with £500million pounds worth of investment and is home to 15,000 workers.

CBC said:

Our global corporate headquarters are located at the Cambridge Biomedical Campus and we are investing over £500m in a strategic Research and Development hub here. This reflects the importance we attribute to the science ecosystem, skills base, and academic excellence of the world-leading sector cluster in Cambridge, within the UK’s 'golden triangle' for life sciences. We welcome the importance attributed to infrastructure in the strategy which is critical for the 15,000 employees, academics, patients and visitors coming to the CBC every day.

those two things are nowhere near the same

Aren't you meant to read it as "(15000 employees), academics, patients" not "15000 (employees, academics, patients..)"?

NHS website said:

A home to academic, commercial and healthcare facilities for the 17,000 people working on the campus, the CBC will be a 140-acre ‘medical city’.

https://www.cuh.nhs.uk/corporate-information/about-us/our-profile/our-partners/cambridge-biomedical-campus