Women are still underrepresented in decision-making positions, yet research shows that gender equality can lead to more qualified leaders and better outcomes.
Private finance crashed the economy and is too consumed by the profit motive to be a reliable ally against climate change. We should not allow COP24 to be their board meeting.
The subprime crisis and the subsequent failure of Lehman Brothers came as such a shock – and the repercussions were so severe that when the time came to mount a response, policy makers were as surprised…
A banking crash killed the Wall St bull market.
Robin Stevens
A bank in trouble negotiates with its regulatory authorities and other banks for support, but is refused a bail out and closes abruptly, sparking a global contraction as its obligations are left unhonoured…
Parliament in the early 1800s: good at resolving banking crises.
The fifth anniversary of Lehman Brothers’ demise is an opportune moment to take stock and contextualise what has happened since. And one good way to do so is to compare this government’s policy response…
Investment bank for sale, no careful owners.
John Stillwell/PA
This weekend will see the 5th anniversary of the collapse of Lehman Brothers, an event that tipped the world into economic crisis and shoved banking into the spotlight. The critical state of the world’s…
More of the same: the UK government’s banking reform bill is merely another capitulation to the banking lobby.
AAP
Some four and-a-half years after the banking crisis that has resulted in massive public debt and a deep austerity program, the UK government has finally unveiled its Financial Services (Banking Reform…
A rare win for investors: Litigation funder IMF (Australia) helped fund a class action case against Grange Securities, which was found to have misled unsophisticated investors.
AAP
Justice Steven J. Rares was blunt when he handed down his judgement in the long-running class action, Wingecarribee Shire Council vs. Lehman Brothers Australia, last week. Grange Securities, a subsidiary…
The Federal Court has ordered Lehman Brothers to pay hundreds of millions of dollars in compensation to three local Australian councils.
Ozdos
“How was it that relatively unsophisticated Council officers came to invest many millions of ratepayers’ funds in these specialised financial instruments? That is the fundamental question at the heart…