Banks

Should we blame Richard Nixon for the financial crisis?

Here’s an interesting idea: we can blame Tricky Dick Nixon for the financial crisis. Well, that’s one way to get at the historic roots of the credit market and banking […]

A very nicely written excerpt from FT writer Gillian Tett’s new book Fool’s Gold on the origins of the credit crisis appears in the weekend edition of the FT. You […]

FASB, the accounting entity responsible for setting basic rules of the road for financial statements, bowed to political pressure today and in a 3-2 vote gave breathing room to the […]

The markets gyrate, he says, up and down, like a political poll. And so he does not pay attention. He keeps his eye on the “long run”. I guess none […]