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Furse First!
Dame Clara Furse was the first woman to be appointed on the Financial Policy Committee of the Bank of England. But, that’s not the only first she managed to get in line for. She was also the first...
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5 Biggest IPO Fails in History
There’s always a lot of fanfare when it comes to Initial Public Offerings. The bunting is brought out, the trumpets sound, the people stand up with killer actor and actress smiles and the champagne is...
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Why the EU Has Failed
It has all gone belly up if we look at the EU and we are honest. Yes, they might be trying to paper of the cracks and yes they might be shoving some super strong glue in their to stop everyone pulling...
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Fabulous Fab (Fabrice Tourre)
Former Goldman Sachs trader Fabrice Tourre goes on trial this week, accused by the Securities and Exchange Commission of willingly misleading investors while he was vice-president of the bank. The...
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Goldman Sachs: Net Income Doubles
As the trial of Fabulous Fab gets under way in Manhattan, there is someone that will be hearing the clinking of champagne glasses as they celebrate the doubling in profits of the rogue ( well, we love...
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JP Morgan Fined $410 Million for Price Manipulation
JP Morgan has been fined the sum of $410 million due to improper practices involving price manipulation via its subsidiary JP Morgan Ventures Energy Corp today in California and the mid-west by the...
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Goldman Sachs and LME: Aluminum Storage – Monopolistic Behavior
Goldman Sachs and the London Metal Exchange have had a case brought against them both in a court in the US regarding anti-competitive behavior in aluminum storage, with a monopolistic effect thrown in...
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Where Washington Should Go for Money: Havens
As the US government shutdown enters its 7th day today it looks as if we shouldn’t be holding our breath unless we want to go blue in the face in the hope that there might be a compromise or somebody...
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