Entry: September 11th 2008 - Thursday | 2 months 24 days ago
LEH, UBS and MER are among firms that concocted derivatives and stock-loan deals to help offshore hedge funds dodge hundreds of millions of dollars in U.S. taxes (karma???)
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Entry: September 11th 2008 - Thursday | 2 months 24 days ago
Today's bailouts find roots in the Fed's handling of LTCM
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Entry: September 09th 2008 - Tuesday | 2 months 26 days ago
The bailout triggers settlement of $1.4 trillion in unregulated credit-default swaps. Do the hedge funds have the money?
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Entry: August 23rd 2008 - Saturday | 3 months 12 days ago
This is the tragic story of how fortunes were made and lost. Anonymous, a senior executive at Bear Stearns, had a bird's eye view of just what happened inside Bear's offices and on the trading floor that led to the most sensational financial crisis of our times.
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Entry: June 13th 2008 - Friday | 5 months 22 days ago
The recent stream of implosions is the least of the big banks' worries. Money still seems to be pouring into such investment channels
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