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Sir Evelyn de Rothschild calls for action - BBC BusinessCareful management - we have indulged our wants without the taxes or the prices or the cash to pay for them. Oversight - public relations and spin have replaced disclosure and transparency; casual yet complex accounting and accommodating rating ...
Markets Don't Make Bubbles, People Do - Washington PostBig money is intoxicating. During the great bubble of the late 1990s, I escorted one of the newly really rich to be interviewed at CNN , where I headed the financial network. "I just made $400 million today," he boomed, taking the stairs two at a ...
BBC Blog Network - bbcCan Stephen Fry kill a gadget? 10:58pm on 27 Nov 2008 Having attended a lowly Secondary school I had to Google "pusillanimous" - great word! A friendly word from Fab 7:48pm on 17 Nov 2008 Unless anyone inspected is hooked up to a life support machine ...
PRESS DIGEST - Financial Times - Dec 2 - ReutersThe luxury car manufacturer Aston Martin announced on Monday that it is to lay off around 300 of its permanent staff and a similar number of temporary workers. The credit squeeze has pushed the volume of UK sales down by a quarter in the year to ...
Saturday profile: A deafening silence greeted Crosby report - Scotsman.comCREDIT crunch fatigue must be setting in. If, at this time last year, a former top banker and leading regulator had proposed that the government should hand over £100 billion to banks in return for their mortgages, there would have been blood. t in ...
The Epic of Finance - American Enterprise InstituteThe Ascent of Money is yet another in Niall Ferguson's series of very readable and enjoyable books. As the subtitle suggests, the book is not about money per se, but about financial development, tracing it from the earliest times to the present ...
Merit Is Not A Dirty Word - Huffingtonpost.comThis Thanksgiving weekend, as I watched events unfold abroad, I was most grateful that the foolishness of election time is over. I don't miss the comedy, the verbs gouged and adjectives gutted, the nouns torn at the seams and fashioned into slogans ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. That has been the mantra of CEOs up and down Wall Street throughout this year’s financial crisis. Lehman Brothers Holdings’ Dick Fuld used ...
Morgan Stanley Loses to JPMorgan in Big China Deals (Update1) - BloombergNov. 26 (Bloomberg) -- When JPMorgan Chase & Co. investment banker Brian Gu called a prospective client in China four years ago, he was told his colleagues had already been to visit. It wasn’t until Gu was shown their business cards that he ...
Will Any Crumbs Remain After Bankers' Feast? - Common DreamsUNITED NATIONS - The vast resources the U.S. and Europeans are pouring into ailing financial firms could lead to disastrous consequences for global efforts to reduce poverty and mitigate the impacts of climate change, warns a new study by an ...
Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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