Lessons from Lehman Brothers, AIG, and many others

check out this presentation (2.5MB). funny and informative!

To the Rescue

As of yesterday (according to BNP).. In Japan, a package of emerging measures to stabilise the financial markets should be announced later this week. According to press speculation, the plan will include a provision for injecting as much as JPY10tr into banks. The government is also likely to resume stock purchases through the Banks’ Shareholdings Purchase Corp. In the US, the Fed is...