Wall Street's new shape: Rearranging the towers of gold
Economists continue to debate the ultimate causes of the collapse of Lehman Brothers, Wall Street’s fourth-biggest firm, a year ago on September 15th, and of the havoc that followed. The public and most politicians, however, are clear: the blame lies with bankers, venal and incompetent in equal measure. “It’s like pre-Thatcher Britain out there,” sighs the head of a New York bank. At a hearing in February a congressman addressed JPMorgan Chase’s ... Full Story »
Posted by Derek Hawkins
