I am Liquid

Although at the moment the financial markets seem okay, there is still an undertone of pessimism. When thinking of the … More

Bear-ly Alive

Bear Sterns the 5th largest investment bank cracked under the credit crisis that is affecting the financial markets, it got … More

Credit Risk-y Business

Its been a crazy two weeks in the financial markets, let’s recap: – SocGen announces a USD 7.1 billion fraud … More

What is $7.14 Billion?

The amount that Soc Gen should have told analysts was due to write-off’s related to subprime loans. Instead Soc Gen … More

Stan O'No Neal

Stanley “Stan” O’Neal joined Merrill Lynch in 1986 and after various positions took he over as CEO and Chairman of … More