Lehman Brothers

In Search of Capitalism 2.0: Time For a Clean Slate?

Michael Townsend | Posted 23.01.2014 | UK
Michael Townsend

Since the collapse of communism, more than twenty years ago, capitalism has been, more or less, the only show in town. As a system for running our ec...

Five Years On, Financial Crisis Has Transformed China's Reputation as a Global Power

Andrew Hammond | Posted 19.11.2013 | UK
Andrew Hammond

Five years on, the dust is still settling but it is clear that the consequences have been more than financial. In terms of perceptions, many international publics believe the economic balance of power has swung sharply toward China.

Amnesia and the Financial Crisis

Eliane Glaser | Posted 13.11.2013 | UK Politics
Eliane Glaser

One of the most dangerous side-effects of the Great Recession is amnesia. Our memories have already been eroded by a combination of Twitter and 24-hour rolling news. Add to that the jarring trauma of 2008's existential challenge to capitalism and Voila! The essential details of recent economic history are erased.

LOOK: The Day Banking Was Turned On Its Head

The Huffington Post UK | Tom Moseley | Posted 13.09.2013 | UK

Five years ago, it seemed that the world of banking had collapsed. The iconic Lehman Brothers bank folded, triggering the global financial crisis t...

Learning From Lehman

His Holiness Karmapa Thaye Dorje | Posted 14.11.2012 | UK
His Holiness Karmapa Thaye Dorje

Saturday 15 September marks four years since the fall of the Lehman brothers, the beginning of the economic crisis. Seeing and experiencing how the economic system has caused pain and sorrow for many people around the world, we cannot forget, however, that it was once intended for something good and to benefit everybody. With the economy as well as our day-to-day lives, we have to remember to combine the qualities of compassion and wisdom with everything we do.

Bank Of England Boss 'Undistinguished' And 'Lacking Distinction'

PA | Posted 21.05.2012 | UK

Sir Mervyn King is to come under increased scrutiny after an independent review was announced into the Bank of England's actions at the height of the ...

Credit-Crunch Films Like Margin Call Are Far Too Soft on Wall Street's Robber Barons

Stephen Dalton | Posted 16.03.2012 | UK Entertainment
Stephen Dalton

American cinema just can't help glamorising wealth and success, even the kind of wealth and success that bankrupts the entire world.

Vickers Report: Don't Kill the Goose That Lays the Golden Egg!

David Cowan | Posted 20.02.2012 | UK Politics
David Cowan

The coalition's response to the Vickers report was a missed opportunity. A chance to reform Britain's banking sector for the better has been hijacked by the Liberal Democrats' need yearning for influence. And so George Osborne has accepted the report in full, though it couldn't be said totally against his own judgement.