Mar 24, 20093 min readGlobal CapitalThe business of New York is now beating up business“Not so fast you greedy bastards” screamed the New York Post front page last Wednesday.
Sep 18, 20083 min readGlobal CapitalDealers scramble for collateral as Lehman CDS unwinds beginVolumes traded in the credit default swaps market were enormous and ranges were huge during a remarkable week in which Lehman Brothers...
Sep 11, 20084 min readGlobal CapitalBofA ready to rescue Lehman as wildfires engulf US banks• $3.9bn Q3 loss racked up after Alt-A hedging failure• $30bn plan to spin-off REI comes too late• Fannie and Freddie bailout euphoria...