Watch Out Mega, The Colonials Are Coming!!!!!!!!!!

[GRG55]

Bank of England said to eye Mark Carney as its governor

Globe and Mail Update

Published Tuesday, Apr. 17, 2012 5:23PM EDT

Last updated Tuesday, Apr. 17, 2012 6:26PM EDT


The Bank of England has its eye on Canada's central bank chief, the Financial Times reports today.

The newspaper said that a member of the Bank of England's court, the group that oversees the central bank but does not set policy, recently approached Mr. Carney about the idea of replacing Mervyn King in June, 2013.

The Bank of Canada told The Globe and Mail that the newspaper report indicating Mr. Carney had been approached as a potential candidate was not accurate. Mr. Carney, who is respected around the world, and most recently was also tapped to head the global Financial Stability Board, would not comment to the newspaper.

There is an internal candidate, and the favourite, according to the Financial Times. He's Paul Tucker, now the deputy governor. But some in Britain's Finance Minister believe the central bank needs an overhaul, given what the newspaper said was a "ponderous response" to the crisis.

[LargoWinch]

Re: Watch Out Mega, The Colonials Are Coming!!!!!!!!!!

Great! He can now do "God's work" over the pond (Long $CAD - Short Pound Sterling)

[GRG55]

Re: Watch Out Mega, The Colonials Are Coming!!!!!!!!!!

Great! He can now do "God's work" over the pond (Long $CAD - Short Pound Sterling)

Well he will have a clear field and no competition. The "other guy" over there doing God's work has decided to retire :-)

Rowan Williams resigns as Archbishop of Canterbury

guardian.co.uk,

Friday 16 March 2012 10.59 GMT

[Adeptus]

Re: Watch Out Mega, The Colonials Are Coming!!!!!!!!!!

I don't understand what people are complaining about with Goldman parachutes. Look at Carney, the guy has 2 very high profile jobs and still wanting to work a third, and he's willing to travel thousands of miles between jobs, just goes to show that these poor guys need a raise. /sarc

Kidding aside, clearly Carney has too much free time on his hands as the Governor of the Bank of Canada. All he has to do every couple of month is roll a die and blurt out the outcome. 1 = Jawbone about interest rates go up, 2,3,4,5 = Interest rates stay flat, 6 used to equal interest rates go down, but that's now been painted over with "please roll again".

[GRG55]

Re: Watch Out Mega, The Colonials Are Coming!!!!!!!!!!

I don't understand what people are complaining about with Goldman parachutes. Look at Carney, the guy has 2 very high profile jobs and still wanting to work a third, and he's willing to travel thousands of miles between jobs, just goes to show that these poor guys need a raise. /sarc

Kidding aside, clearly Carney has too much free time on his hands as the Governor of the Bank of Canada. All he has to do every couple of month is roll a die and blurt out the outcome. 1 = Jawbone about interest rates go up, 2,3,4,5 = Interest rates stay flat, 6 used to equal interest rates go down, but that's now been painted over with "please roll again".

Frankly, I am a bit of a fan of Mark Carney. I figure anybody that can get under Jamie Dimon's skin and get him to start yelling in public MUST be doing something right...