“There is no such thing as too big to jail,” Attorney General Eric Holder announced in a sternly worded video message last May, underscoring that no financial institution “should be considered immune from…
As the US economy emerges from recession, the prospect of the US Federal Reserve raising interest rates grabs the attention of the financial markets more and more. US rates have been close to zero for…
No need to beat about the bush. There is another tech bubble in the United States. The relationship between the share prices and profits of US tech companies like Facebook, Twitter and LinkedIn is at unsustainable…
A US judge has approved a US$1.2 billion settlement and accepted a guilty plea by hedge fund SAC Capital in what has been described as the largest insider trading settlement in the country’s history. Eight…
Echoes of the Global Financial Crisis resonate while debate continues on the best way of dealing with its consequences, including the actions taken by the Europeans and Americans to counter its effects…
The first thing that strikes you when you re-read the “Declaration” issued in autumn 2011 by the Occupy protesters assembled in Zuccotti Park in downtown Manhattan is how little of it actually relates…
It was an artful if devastating performance. In just seven minutes, Senator Elizabeth Warren from Massachusetts signaled the arrival of what appears destined to be a powerful force on Capitol Hill. At…
The agenda of the Australian Securities and Investments Commission Annual Summer School in Sydney was dominated by discussions on how to reduce systemic risk. The noted increase in the regulatory perimeter…
Share markets in the US and around the world are expected to fall again this week following sharp declines on Wall Street last week. The Dow Jones industrial average closed on Friday down 2.3% for the…