finance

Bernard Madoff's ponzi scheme from semafu 343 days old

A Ponzi scheme (from Charles Ponzi USA 1920s) is an investment fraud. The perpetrator pays a high return on "investments" to last months subscribers ...

Remember Nick Lesson from semafu 408 days old

http://newsvote.bbc.co.uk/1/hi/business/7656778.stm Nick Leeson - "Regulators clueless"

Bail out. from semafu 421 days old

owe the bank from semafu 423 days old

owe the bank £100, you got a problem. owe the bank £100m, the bank got a problem. owe the bank £100bn, the taxpayer got a problem. It seems the taxpayer ...

credit crunch - who's fault from semafu 432 days old

The UK money supply has been increasing between 10% and 14% every year for the last 10 years. This increase has been via lending. True inflation is the ...

Alternative Inflation Measures from semafu 555 days old

[ ... ] stuff rich people buy, this was running at around 9% last time I checked. Fool.co.uk, the finance website, also have one, it's running at 8%.

Merv - Everything Irie from semafu 568 days old

Merv says that credit fears are overstated. Apparently the melt-down may still happen tho, as it could become a self fulfilling prophecy. So what is ...

Merv's bail out - Welfare for Banks from semafu 578 days old

http://news.bbc.co.uk/1/hi/business/7357880.stm Banks will be able to swap potentially risky mortgage debts for £50bn worth of secure government bonds ...

Northern Rock 24% down from semafu 798 days old

http://news.bbc.co.uk/1/hi/business/6994328.stm Angela Knight, chief executive of the British Bankers' Association, also told the programme: "I think ...

ECB bail out - Moral Hazard? from semafu 830 days old

ECB bail out - Moral Hazard The dilemma creates two problems, in De Grauwe’s view: “First, it hurts our sense of justice: banks that acted irresponsibly ...