07/26/2012
That seems to be the feeling of Richard Kovacevich, the former chairman and CEO of Wells Fargo. "Why this concept that investment banking is risky?" Kovacevich asked the Wall Street Journal on Wednesday. "Investment bankers are risky, not i
07/08/2012
Sad to say, there's reason to believe this has been going on, or something very much like it. This is what the emerging scandal over "Libor" (short for "London interbank offered rate") is all about.
07/08/2012
Previously we associated the phrase "ice age" with SocGen's Albert Edwards, who uses it to describe this peristently miserable market and economic environment that'a chracterized the world for the past 5 years.
07/02/2012
Hopes and fears about the future of the eurozone continue to dominate investor sentiment and drive large swings in markets. While the sense of crisis may ease following the EU summit at the end of June, there are still lots of details to be worked through