Carol Voderman has called out the banks for having access to any amount of figures it wants, and the Daily Mail for getting figures wrong.
She started by tweeted about the Credit Suisse UBS deal.
Credit Suisse is being taken over by UBS. Both are giant Swiss banks, but their investment banking arms operate all over the world.
Swiss banking has the ultimate reputation for financial stability, so this last ditch deal, have left the Swiss rather dazed and confused.
Two US banks had already gone under this month – Silicon Valley Bank and Signature Bank – both catering largely to the tech sector.
Those are the biggest bank failures in the US since 2008. However, if Credit Suisse folded that would have been a huge issue for the global financial markets.
She tweeted: “This Credit Suisse UBS deal….both can have UNRESTRICTED access to Swiss National Bank facilities. It’s just 15 years since the banks were bailed out here & financial regulation tightened. Now Tories have a new Bill to deregulate the City!!!! It worries me massively”
On a more micro level Carol Voderman called out the Mail for a maths failure.
The Daily Mail suggested this ‘simple maths problem … is harder than it looks’.
She tweeted: “Daily Mail excelling themselves today with even more bollocks, they’ve been quite active this week as we know!! This time they attempt to alter the truth/rules of algebra!!! An apology to all maths teachers might be in order. The answer is 1 btw.”
Carol liked that!