Ranking the largest banks in the world, it's not until the number seven slot that we find a US bank: JP Morgan Chase. What's this mean? We can't solve the issues of derivatives, leverage, and short-sighted financiers until we talk to the rest of the world.
Business Week | Brian Burnsed | Posted 10.18.2009 | Business
The now infamous dealings of Bernard Madoff, the money manager accused by federal authorities of running a $65 billion Ponzi scheme, have dominated he...
Norb Vonnegut | Posted 07.18.2009 | Business
The Securities and Exchange Commission barred Bernard Madoff from the securities business. We all feel safer now? Yeah, right.
Norb Vonnegut | Posted 06.23.2009 | Business
If this were Hollywood, the courtroom would be jammed. Reporters everywhere. Rowdy audience. Distinguished lawyers snarling and prepping to rip each o...
Norb Vonnegut | Posted 06.18.2009 | Business
The trustee is on a mission to recover funds. He has his agenda, and we're watching a game of hardball between the courts and some extremely wealthy investors.
Norb Vonnegut | Posted 02.06.2010 | Business