Financial crisis?
It's a pyramid, stupid.

On 6 June 2010 The Daily Telegraph reported that the British Chancellor of the Exchequer planned spending cuts that would be similar to Cana...

Once upon a time, in a village, a Bailiff lived. He was irresponsible, greedy and whilst he was good in collecting other people's money ...

In February this year [2010] the author of this blog wrote a report which was commissioned by an organisation of sovereign wealth funds, ...

Whilst listening to Gordon Brown during the 2010 General Election campaign it is difficult to escape an impression that he behaves like a fi...

The UK regulator, FSA, appears to be coming back to their senses. Today an actuarial professional who works for a retail bank, has written t...

All three major parties, Conservative, (New) Labour and Liberal-Democrats, talk the same about the impact of the financial crisis. "We ...

In yesterday's Financial Times Martin Wolf published an article "The challenge of halting the financial doomsday machine" . It...

Surely the recent news that US' Securities and Exchange Commission accused Goldman Sachs of fraud did not come to this blog readers as a...

Recently a post (see below this short article) can be found on numerous blogs: a "from rags to riches" recipe. If it worked, we ...

This article presents a rigorous analysis of many issues discussed on this blog already sometimes in a less formal manner. Especially a bank...

On 28 January 2010 The Economist published a guest article authored by Messrs Paul Calello, the head of Credit Suisse' investment bank,...

In his article "Against All Odds" , Daniel Gross is trying to prove that, very likely, "AIG might just pay the Fed back"...

(This is a draft version of an article. Therefore any comments, corrections and suggestions for improvement are welcome as they will be used...

For once, Vladimir Vladimirovich Putin has nailed it . The author of this blog would not venture to suggest that Vladimir Vladimirovich is i...

The sheer power to blow up the banking system of lending with Loan to Deposit Ratio greater than 100% is all too obvious. If we look at this...

After a year and a half since the financial crisis errupted The Economist published the video on their web site titled "Financial risk...

Yesterday Professor Joseph Stiglitz stated on BBC Newsnight , in response to a suggestion resulting from "speculators" (i.e. mone...

In today's Daily Mail Mrs Margaret Cook, the wife of late Robin Cook, the Leader of the British Parliament House of Commons who resigne...

According to Wall Street Journal , "top bankers and senior government officials from major economies held informal private talks on reg...