Showing posts with label Financial Markets. Show all posts
Showing posts with label Financial Markets. Show all posts

Monday, January 26, 2009

Who's at the heart of the financial meltdown?

I'd like to share this very interesting article from the Guardian on the people who 'caused' the current credit crisis with all of you.

http://www.guardian.co.uk/business/2009/jan/26/road-ruin-recession-individuals-economy


Wednesday, December 10, 2008

The end of Wall Street?

This is a very interesting article I came across about a month ago and it relates to the origins of the current financial crisis, namely some of the complexities behind mortgage backed securities and other derivatives. The author, Michael Lewis, also wrote the book 'Liar's Poker' in the late '80's which is great fun to read and very informative.

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom?tid=true#page1