
Canada�s top banker Mark Carney has been named the Bank of England�s new governor. Carney will continue in his role as Bank of Canada governor until June 1, 2013, Finance Minister Jim Flaherty confirmed at a Monday morning news conference in Ottawa.
Wait, how does this even work? Is he a dual citizen?
He's a citizen of a Commonwealth country. Close enough.
I think he'd only need to be a British Citizen to be head of the MoD or GCHQ.
Not good news for Canada I mean...
Why not?
He's a citizen of a Commonwealth country. Close enough.
Is the citizen of any Commonwealth country good enough, or does it have to be a Commonwealth realm?
If it's the former, I bet no one from Lesotho was even interviewed for the job. Typical.
Is the citizen of any Commonwealth country good enough, or does it have to be a Commonwealth realm?
If it's the former, I bet no one from Lesotho was even interviewed for the job. Typical.
I doubt Carney was interviewed so much as courted by the B of E. If Lesotho had produced a monetary wiz of Carney's ability, it may have been he who was offered the job. So I'm not sure what your "typical" remark means.
Let's hope his replacement is actually capable and not just another patronage appointment.
My understanding is that there isn't going to be a replacement. Carney will wear two hats.
Alessio Rastani's comments on BBC television on Monday have gone viral, viewed by more than 360,000 people, but they fit so closely to the stereotype of a heartless banker that rumours are rife that he is actually part of a hoax.
Answering questions about world leaders' response to the eurozone debt crisis, the 34-year-old said traders "know the stock market is finished. The euro, as far as they're concerned, they don't really care".
"For most traders, we don't really care that much how they're going to fix the economy, how they're going to fix the whole situation -- our job is to make money from it," he said.
"Personally I've been dreaming of this moment for three years. I have a confession, which is I go to bed every night, I dream of another recession."
As the BBC presenter looked on in shock, he added: "The governments don't rule the world. Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package, neither does the big funds."
The Daily Star
Rolling Stone
Is the citizen of any Commonwealth country good enough, or does it have to be a Commonwealth realm?
If it's the former, I bet no one from Lesotho was even interviewed for the job. Typical.
I doubt Carney was interviewed so much as courted by the B of E. If Lesotho had produced a monetary wiz of Carney's ability, it may have been he who was offered the job. So I'm not sure what your "typical" remark means.
The Bank of England also has no requirements that the govenor be a British Citizen. I guess they assumed a non-citizen would never be offered the job.
Frankly I'm quite surprised that Mark Carney being a Canadian is being perceived so negatively by some folks in the UK. They're acquiring one of our best and brightest and they are bitching about it.