Monthly Archives: February 2012

Clearing The Bull – A Survey on Banking

What do banking employees think of their employers?

Are they proud of their industry? Are bankers suitably positioned to avoid the next financial crisis?

What does the public think? How do their opinions differ and is there a significant perception gap?

As a prelude to the launch of the book Clearing The Bull, the aim of this survey is to gain more insight into some of the topics raised by the book, and in particular the proposition that banks need to pay more attention to human factors, and in particular their own human assets.

Please click on the link below to commence the survey.

Clearing The Bull – A Survey of Banks and the Financial Crisis

When you are finished, please pass it on to as many friends and colleagues as you can.


Jonathan Ledwidge

Ledwidge – The Blog

There is the mass media, there are blogs, and then there is Ledwidge.

It is amazing just how much of what we see and hear, irrespective of the source, still conforms to the conventional or a variation thereof.

For example, I have watched with some amount of trepidation, cynicism and concern, the current debate on the nature of banking. On the one hand there are governments and regulators who sincerely believe that more regulations will solve the problems of the industry. On the other hand there are bankers who sincerely believe that by merely improving governance and controls they can avoid another crisis.

Neither of these parties recognizes that the answers to this crisis lie in the human domain and both remain wedded to the same old remedies used in previous crises.

Unfortunately, the role of the media in all of this is to generate more heat than light.

It is what prompted me to write Clearing The Bull.

Politics and government is similarly disturbing. We have problems, both economic and social, that can only be remedied over a period of several election cycles. However, our politicians no longer argue right and wrong they argue right and left (with the media falling in line behind them). Thus, we have found ourselves in the unfortunate situation where our economic cycle is in conflict with our political cycle.

And we the people are left to bear the consequences.

The primary objective of this blog is therefore to bring new ideas and perspectives on issues surrounding banking, business, people and politics. The hope is that we at least might be able to change a few minds and mindsets.


Jonathan Ledwidge

Clearing The Bull – The Subprime Crisis Was Not Just About Banks

Western society is now facing economic challenges that, until recently, were almost inconceivable. Budget deficits, austerity measures and overall economic decline, in both relative and absolute terms, all appear to be the order of the day.

As a consequence, the liberal democracy which the west has held aloft like a prized-possession for so long, is also now under threat. Greece and Italy are being run by appointed technocratic governments, the EU suffers from political gridlock and the US political system is in rigor mortis.

Most people will either think or want to believe that all this has been triggered by the banks and the subprime crisis which they brought about. However, this is not entirely true. As a matter of fact that would be putting the cart before the horse.

History tells us a slightly different story—and that is that almost every major banking or financial crisis of the past 40 years has been accompanied by great economic and political issues and events that in many instances have had a global impact. The subprime crisis was no different.

This is just one example of what Clearing The Bull is all about. The book looks beyond the conventional rhetoric and belief systems to not only better understand the nature of financial crises, but also why banks need to do a much better job at managing both their internal and external environment.

Available for pre-order!