Posts tagged with:
markets
-
Bernard Madoff's ponzi scheme from semafu 334 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 ...
-
Merrill Lynch gone from semafu 423 days old
http://news.bbc.co.uk/1/hi/business/7616068.stm Merrills is sold to Bank of America for $50bn. ML has been doing big write downs this year and were ...
Tags: -
ECB bail out - Moral Hazard? from semafu 821 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 ...
