Janet Tavakoli is a born storyteller with an incredible tale to tell. In her captivating memoir, Decisions: Life and Death on Wall Street, she takes us on a brisk journey from the depravity of 1980s Wall Street to the ramifications of the systemic recklessness that crushed the global economy.
Class action lawyers have an incentive to win and to keep a case moving forward, but traditional law firms have done some first class work, too. Likewise, some class action law firms have mismanaged cases and floundered their way to a loss for their client.
In reality, though, the financial crisis showed that derivatives make the system way more dangerous by encouraging these
If you want to know why relying on information supplied on the internet by anonymous strangers is a bad idea, look no further than Wikipedia's articles on finance.
Jason Linkins, HuffPost political reporter, talks with HuffPost Live hosts Jacob Soboroff and Alyona Minkovski about 'Fix The Debt', a major player in the deficit hack industry, asking people to contact their representatives to help us avert going off the fiscal cliff.
Nov 8 (Reuters) - JPMorgan Chase & Co has reached an agreement in principle with the staff of the U.S. Securities and Exchange
As you know, this is happening because of onerous, burdensome financial regulations. Just because credit derivatives helped
If the banks were responsible for moving the three-month Libor rate by just 1/100th of a percentage point on that entire
The mechanism could help the entire market by providing a benchmark for hard-to-value contracts. The potential penalty might
As DealBreaker notes, Zames also helped clean up after the debacle of Bear Stearns early in the financial crisis. "If the