Mike Stephens

Helpful votes received on reviews: 51% (47 of 92)
Location: Central UK


Top Reviewer Ranking: 293,400 - Total Helpful Votes: 47 of 92
The Crunch: The Scandal of Northern Rock and the E&hellip by Alex Brummer
This version of the book was written before the story of Northern Rock (and the other banks) had completely unfolded but is still a good read.

The interesting thing about the Credit Crunch is it's not simply about right or wrong. Admittedly some of the players must have known they were disingenuous to say the least, but for a lot of them (like Northern Rock) it was more a matter of how much risk you should be taking, and how much you actually were. Adam Applegarth I'm sure still thinks today he was caught out by circumstances no-one could predict. This book reports that people in the know were worrying about the impending crisis 7 years beforehand.

It also answers the… Read more
Anglo Republic: Inside the bank that broke Ireland by Simon Carswell
1 of 1 people found the following review helpful
5.0 out of 5 stars Cracking Read!, 31 July 2013
If you ran an airline where you only had one pilot on the flight deck, half the numbers of cabin crew, no maintenance and barely enough fuel, you would make more profit than everyone else. Until of course you have a crash.

You can't do that because the authorities won't let you. They know people are very silly and must be constrained from doing dangerous things.

However nobody exercises control on the high-rolling gamblers that fly asset bubbles until they explode with mind-boggling fall-out.

We all knew that things would end in tears, but nobody did anything to stop it.

The elements are dangerous people getting hold of the controls, no regulating… Read more
BlueRigger High Speed HDMI Cable 15 Meters (50ft) &hellip by BlueRigger
I wanted to watch Sky in a different room from the box. We did have Sky Two Room once but it was typical Sky hassle with rules about having telephone lines connected, and anyway we don't watch television in two rooms simultaneously. This cable works just fine despite its 50 foot length.

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