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Tag Archives: Stock Market

Betting That Cutting Spending Won’t Derail Recovery

The specter of 1937 is haunting the world again. This piece from the New York Times’ David Leonhardt, who warns that the global decision to cut government spending and tighten the austerity belt runs a very real risk of cutting short a shaky economic recovery — a repeat of the events that occurred in the [...]

Discarded mobiles, wire-taps and Mr Bigs. Welcome to Wall Street

Imagine The Sopranos, The Wire and Gordon Gekko’s Wall Street all rolled into one. You don’t have to: the FBI has just broken one of the largest-ever insider dealing rings in Wall Street. It wire-tapped its way into a seedy world of secret tips, kickbacks and disposable, pre-paid mobile phones. A network including staff of [...]