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
Showing posts with label Financial Markets. Show all posts
Showing posts with label Financial Markets. Show all posts
Monday, January 26, 2009
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
http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom?tid=true#page1
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