A major shift in a war, the loss of a literary icon, and a giant leap on Mars.
Tag: wall street
Lehman Brothers, a global financial services firm, filed for Chapter 11 bankruptcy on this day in 2008. This event was significant in the 2008 financial crisis and had far-reaching implications for the global economy and financial markets. What is Chapter 11 bankruptcy? Chapter 11 bankruptcy is a legal process in the United States that allows […]
More than eight years after the beginning of the financial crisis, U.S. banking groups are dominating the financial world more than ever. This leadership has technical, political and legal grounds. But it also relies on one quintessentially American quali
LYNCHBURG — Liberty University President Jerry Falwell Jr. stood before more than 10,000 of his students and some visitors on Monday morning and laid out the case for why conservative evangelicals like them should support a presidential candidate like Donald Trump – the cursing, self-promoting, thrice-married billionaire who bungles Bible references. It’s not that Trump is the most religious or pious of the candidates, Falwell said, although he described Trump as a “servant leader” who “lives a life of helping others, as Jesus taught.” It’s that Trump is a savvy businessman who “speaks the truth publicly, even if it is […]
Deutsche Bank’s new chief John Cryan believes end-of-year bonus demands harm the company. But bonus culture may be too deeply embedded throughout the financial sector.
-OpEd- PARIS – Game over for the last of the European Marxists. Europe is getting ready to cap the size of bonuses for bankers. New rules would prevent bankers in European Union countries from receiving bonuses higher than their annual salary. This world first would put an end to the practice that allows these “workers” […]
A Belgium perspective on the urgent risks that Italy’s economic implosion will spread. France could be next.
The Occupy Movement began on Wall Street by the so-called 99% shut out from economic growth. But Latin America’s income gap mirrors the U.S. In Chile, it is particularly extreme.
For investors just getting into the game, the process can seem a little bit like a middle school dance. Awkward and inexperienced, they suction-cup themselves to the walls and poke around the punch bowl while bullish professionals stampede the floor and steal all the good deals. Ever thought you might be selling yourself a little […]