CRAA credit rating agency of the kind that handed out triple-A ratings like confetti and, as the US Fed and scores of other regulators have belatedly recognised, got us into trouble. EcofinOne of thos...
The most notable innovations of the past two decades have been financial. Like technological innovation, financial innovation is concerned with the perpetual search for greater efficiency – in this ...
With pain and misgiving, the United States Congress bailed out Wall Street in order to prevent a meltdown of America’s financial system. But the $700 billion to be used may flow into a leaky bucket,...
You don’t have to break a sweat to be a finance skeptic these days. So let’s remind ourselves how compelling the logic of the financial innovation that led us to our current predicament seemed not...
Research recently carried out by Ethical Investment Research Services (EIRIS), a research organisation designed to reflect the investment principles of the group of churches and charities that helped ...
The OECD sounded cautiously optimistic when it published its latest economic outlook in the middle of September. “Banks appear to have recognised most of the losses and write-downs related to sub-pr...
Instead of being defeated by the political upheavals in Lebanon, the nation’s leading financial institution has acquired valuable banking lessons from repeated domestic crises as it embarks on a sec...
Editor’s note This is an archived article. For the cover story concerning Sir Allen Stanford please click here. Sir Allen’s new and innovative cricketing enterprise is merely the latest innings in...