Quotes of the month
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Opinion

Quotes of the month

“A private equity play in China is exactly that – a private equity play. The price may go up or down, but that’s not a China strategy”

Bob Diamond, president of Barclays Capital, eschews following the path of competitors in making minority investments in state-owned Chinese banks


“This sort of accounting makes Enron look like the Vatican” Robert de Laszlo of Bluebay Capital anatomizes the murky world of Hollywood studio financial reporting (see Hedge funds and film finance: Show me the money, this issue)

Annual GDP has been revised upwards by almost 25% as a result of “improved measurement” of the services sector. “From this increase, 0.7% will come from Greece’s underground economy, in other words money from illegal activities such as cigarette and alcohol smuggling, prostitution and money laundering”

Giorgos Alogoskoufis, Greece’s finance minister, throws a dim light on a dramatic revision in his country’s reported wealth from €182 billion to €225 billion

Gift this article