William Investment Management

Give ’em enough rope…

Those old wives knew a thing or two. A stitch in time does save nine. The road to hell is paved with good intentions and if you give a certain type of individual sufficient rope, they usually end up hanging themselves. Interestingly, such people often show up in politics or finance. Several of the world’s…

William Investment Management

From a rock to a pebble

It has taken six months but the final chapters of the Northern Rock saga are about to be written. The first run on a bank since the 19th century will end in nationalisation by a government that was desperate to avoid taking such action. There will likely be legal moves, spearheaded by the two hedge…