Daily Archives: December 1, 2008

John Gapper

I went to see Bolt, the new Walt Disney film, this weekend (along with my target audience). I watched it in 3D with the help of a pair of Elvis Costello-like spectacles given out at the door.

Bolt is one of the new wave of 3D films now pouring out of Hollywood in an effort to give the technology another chance. The 3D films of the 1950s initially caused great enthusiasm and talk of a revolution but the excitement fadedRead more

John Gapper

The news that Barclays Capital is staffing up to become a full-service investment bank – or at least expanding out of fixed income into equities – is, I suppose, not unexpected. Barclays did, after all, snap up Lehman’s US operations for a song.

But it makes me think again of the entropy that exists in investment banking – or what is left of it. Banks start dabbling in one corner of the industry and then steadily get pulled into expanding into other areas. Read more