Everything must change

Posted by & filed under Culture, Lampedusa, Sicily, The Leopard.

During this time of enforced isolation, these quotes from one of my favourite books caught my attention. They are from The Leopard by Giuseppe Tomasi di Lampedusa: a wonderfully evocative portrait of a Sicilian aristocrat, Don Fabrizio Salina, at the time of Italian unification. His nephew supports unification because “Everything must change so that everything can… Read more »

Caveat Emptor

Posted by & filed under Banking ethics, Conduct, cryptocurrency, Due diligence, Financial crime, Fraud, Money laundering, Trust.

One of the saddest aspects of the One Coin scam perpetrated by the now missing Dr Ruja Ignatova is how unsophisticated (and, indeed, poor) savers in African countries were specifically targeted using the claim that this wonderful new cryptocurrency technology would bring easy finance (and all its many advantages) to the unbanked. OneCoin was presented as… Read more »