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Story-Dash: Lehman Channeled Risks Through ‘Alter Ego’ Firm
Typically, companies are required to disclose only material investments or purchases of public companies. Hudson Castle was neither. Nonetheless, Hudson Castle was central to some Lehman deals up until the bank collapsed.
2010-06-29 to banking, bestof, collapse, crime, investment, mortgage crisis by soobrosa
Paul Krugman: How Did Economists Get It So Wrong?
“We should have a recession. People who spend their lives pounding nails in Nevada need something else to do.”
2009-11-01 to banking, bestof, economics, finance, global recession by soobrosa
John Cassidy: The Wisdom of King
The massive support extended to the banking sector around the world, while necessary to avert economic disaster, has created possibly the biggest moral hazard in history.
2009-11-01 to bailout, banking, bestof, business, finance, global recession, hazard, moral by soobrosa
The Big Takeover
The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution
2009-03-25 to banking, business, crisis, finance, gaming, story by bagoly
John Lanchester: Cityphilia
Well, drunk sailors tend to be spending their own money, Tony said. By contemporary standards theyre quite prudent.
2009-02-19 to banking, bestof, crisis, finance, london, money, mortgage, recession by soobrosa
Bankers Use Secret Clinics, Nurses to Beat Breakdowns
It's the Causeway Retreat, a mental health and addiction center that charges as much as 10,000 pounds ($20,000) a week for treatment away from the prying eyes of colleagues and the media. There is a waiting list for the facility's 15 rooms.
2008-07-18 to banking, bestof, business, finance, health, money, society by bagoly
What sort of man makes millions from the poorest women in the world ... and wins the Nobel peace prize for it?
John Carlin meets the inspirational banker, Mohammad Yunus in Bangladesh
2006-11-05 to banking, bestof, business, people, society by metatron

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