How Lehman Went Down the Tubes

The Journal has been doing a great job of the inner conflicts – no, not shrink talk, political talk – at Lehman. I think it was The Times the other day that suggested perhaps it is time for Richard Fuld to go, but it’s The Journal which can walk a reader through the last couple [...]

EU Says Cap Markets Have Done Well, Face Challenges

Wholesale markets in Europe have done well under a gentle regulatory regime, David Wright, deputy director general, EU Commission told The Forum, a MiFID event Tuesday. European markets grew twice as fast as GDP and faster than markets in the US.
“It is a pretty staggering change from where we were 10 years ago.”
But he warned [...]