Tag Archives: conflicts of interest

John Ward – Boris Bikes: Shelved Schemes, Conflicts Of Interest, Coca-Cola And Canary Wharf – 16 October 2014

andersonhatDavid Anderson: man in two places at once need hard hat

‘Ere’s a funny fing, missus.

Last December, Barclay’s Bank decided to withdraw their support for Boris bikes, in order to spend more time robbing their customers.

Five days later, an unabashed Boris announced that the scheme would double in size. But there is still no sponsor for any of this. Continue reading

John Ward – Crony Capitalism : Boris Johnson, Tim Yeo, Conflicts Of Interest, Ignored Evidence, And Utterly Pointless, London Taxi Regulations – 25 February 2013

yeosmallEco City Vehicles supply new taxis to cab drivers in London. The Chairman of ECV is Jolly Green Giant Tim Yeo (right).

In 2010, consultations took place about a maximum age limit for London taxis. The main supposed motivation for having a maximum age involved the question of pollutants being emitted by older taxis. In fact, scientific testing showed conclusively that the new generation of London taxis were no better than the old ones: for that reason, the Department of Transport actually advised Local Authorities not to implement an Age Limit on Taxis on the basis of emissions. All evidence and objections on this basis were ignored by Mayor Boris Johnson, and the coming Age Limit for taxis was formally announced. Continue reading

Conflicts Of Interest Abound At The Federal Reserve, Report Finds

 Photo : Federal Reserve Bank

via Huffington Post edition US  19 October 2011

video Link The Fed Announces Operation Twist  

When the Federal Reserve was handing out emergency loans during the financial crisis, some of the money didn’t have to travel very far.

More than a dozen members of the regional Federal Reserve boards have had ties to banks or companies that received emergency funds during the crisis, according to a new report from the Government Accountability Office.

The report highlights a close relationship between the Fed’s regional banks and many of the institutions they were lending to, adding credence to concerns that the financial sector enjoyed a largely consequence-free rescue in the wake of the crisis, thanks to its connections with the federal government. Continue reading