The former chairman of the U.S. Federal Reserve on halting the financial panic in 2008 and the fallout of the worst crisis since the Great Depression
Tag Archives: Lehman Brothers
Another CEO scandal?
If bank bosses weren’t aware a crash was coming, why were they selling their stocks?
Collections for creditors
Lehman’s corporate art will be auctioned off in London and New York
Inside the meeting that saved the world
ANDREW COYNE: How the seven richest nations went all in on a plan that brought the global economy back from the brink
The Commons: Down the memory hole
Ottawa basks in the comfort of rumour and prognostication
When the next domino falls, look out Canada
Via Paul Kedrosky’s blog, I came across this column by Nouriel Roubini, whose predictions about this financial crisis so far have come true with astonishing precision. He address where he sees the contagion spreading next. In short, first the hedge funds will fall, then private equity firms will crumble:
AIG – Holy Moly
I am stunned, STUNNED at the news that the U.S. Federal Reserve and U.S. Treasury have kicked in US$85 billion to bail out AIG.
Megapundit: Let’s all listen to Jack Layton!
Must-reads: Randall Denley on paying attention to the Dippers and Greens; Jonathan Kay on Gilles Duceppe’s plight; Greg Weston on maternity leave for the self-employed.