Three years after the collapse of Countrywide Financial Corp. and Lehman Brothers Holdings Inc. ushered in the hardest recession since the Great Depression, throwing millions of Americans out of their jobs and homes, almost none of the wrongdoers has been held accountable or victims made whole.
BusinessWeek.com — Finance
A hedge-fund billionaire who soon will face a jury wants to know whether people hate Wall Street. Of course they do, and no wonder:
BusinessWeek.com — Finance
There’s lots of breezy narrative prose in the financial crisis commission’s 545-page report, says Jonathan Weil, but little new information
BusinessWeek.com — Finance
A bald man in a tuxedo walked into Manhattan’s St. Regis Hotel, muttered to a uniformed attendant and was ushered to an elevator. A woman in a fur hat the size of a lampshade followed, then a man in a topcoat, who licked his lips as he walked under a ceiling painted with naked cherubs.
BusinessWeek.com — Finance
A bald man in a tuxedo walked into Manhattan’s St. Regis Hotel, muttered to a uniformed attendant and was ushered to an elevator. A woman in a fur hat the size of a lampshade followed, then a man in a topcoat, who licked his lips as he walked under a ceiling painted with naked cherubs.
BusinessWeek.com — Finance
It’s bad enough that there have been no criminal convictions of any of the executives who helped bring the banking system and our economy to its knees. Now the Justice Department is touting trumped-up numbers as it tries to show it’s cracking down on financial fraud.
BusinessWeek.com — Finance
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