Gillian Tett looks beyond yesterday's Today item on "jurisdiction shopping" by banks. She warns there is an unintended consequence of the current worldwide desire to bash the bankers. Legislators in key countries are busy unilaterally changing internationally-agreed rules. Unfortunately, Tett says, this makes it more likely that practices illegal in one country but legal in another will be used to cover up looming catastrophes in the capital markets.


This term in Convergent Journalism you will learn the rudiments of radio news. Richard will do most of the teaching, but he has invited me to share some thoughts about the magic of radio in an introductory lecture. Sorry, but I've agreed and I'd like you all to do something in advance to help me/yourselves.