"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
And this is all on a Sunday. I’m guessing a whole lot of brokers, traders, and Wall Street types will be at the office way early tomorrow. Or maybe they’re already there now. DOW futures are down almost 3% as…
This from Alan Greenspan, whose Ayn-Rand-influenced, anti-regulatory, easy money policies at the Fed were a primary cause of the current financial crisis. He of course, takes no blame for any of it. Life is so simple when you are an…
Barclays and BofA have bailed out of any attempt to salvage Lehman Brothers. Special trading sessions are happening now so other firms can try to net out their exposure to Lehman in advance of an expected bankruptcy filing before open…
It is, however, incredible that, despite 6 months having passed since Bear Stearns hit the rocks, there still is no special resolution regime for investment banks in the US. The US Secretary of the Treasury and the responsible parties in…
The threat of global warming is so great that campaigners were justified in causing more than £35,000 worth of damage to a coal-fired power station, a jury decided yesterday. In a verdict that will have shocked ministers and energy companies…