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Lehman Brothers Failure: What Lessons Have We Learned?
It's been a year since Lehman Brothers failed, and its various business entities wither dismantled or carved up amongst other financial institutions. Barclays and Nomura got the biggest chunks at bargain-basement prices, and are thus now positioned to make some big profits as... BBC To Turn The Collapse Of Lehman Brothers Into A Movie
BBC announced it turned the bankruptcy of Lehman Brothers -- one of the biggest Wall Street collapses in history into a movie. The saga surrounding the downfall of Lehman Brothers in 2008 named “The Last Days Of...
created by Yuliya Talmazan | 13 wks ago | updated 13 wks ago
261 views | 0 recommendations | 2 comments
261 views | 0 recommendations | 2 comments
Watergate Hotel Up for Auction
The Watergate Hotel, site of the infamous 1972 break-in, during which thieves working for President Richard Nixon attempted to steal files from the Democratic National Committee, is up for auction. The 42-year-old...
created by Jordan Yerman | 17 wks ago | updated 17 wks ago
140 views | 0 recommendations | 0 comments
140 views | 0 recommendations | 0 comments
Is this the End of Capitalism in Germany?
By, Uwe Paschen. Could this be the beginning of the end for Capitalism? On Saturday another demonstration took place with an estimated 100,000 Workers marching through Berlin in protest and anger. Stating on... Bernanke Hopeful of Recovery from Foreclosed Homes
Fed Chairman Bernanke appears hopeful of economic recovery for the country in a rare interview aired on. " Federal Reserve Chairperson Ben Bernanke said in an interview aired on CBS’ television newsmagazine “60... Trend Alert: U.S. Has Entered “The Greatest Depression”
" Paul Joseph Watson Tuesday, March 3, 2009 Trends research analyst Gerald Celente, who has risen in prominence on the back of his deadly accurate economic predictions, says that the collapse of financial markets heralds the start of “The Greatest Depression”. In his... Wall Street Hooker Serves Time, Rich Screw Taxpayers Again
Spending millions of dollars for prostitiutes, is it any wonder the banks became insolvent and needed a bailout?The taxpayer has been screwed again, and trust me, it was not the pleasurable escapade that thousands of rich johns have been indulging in, at your expense. Men... 1004 views | 31 recommendations | 3 comments
An Inside Story of Wall Street Bank Crashes
"After his stint on Wall Street, Michael Lewis wrote Liar’s Poker, a famous book that gave an inside story of the high-rolling Wall Street of the 80’s, with its exorbitant salaries and careless handling of...NYC may lose 165,000 jobs
There could be up to 165,000 more layoffs in New York City in the next two years, which is actually double the estimate which was made in July by city Comptroller William Thompson.Thompson also stated that about...Administrators Axe 750 Jobs at Lehman Brothers in UK
Administrators PricewaterhouseCoopers have today given Lehman Brothers 750 workers in England their redundancy notices "with immediate effect". The financial institution is set to be sold for US$2.15... IT Fallout of the Wall Street Crash
Wall Street's banking giants seek out the best computer equipment and the most robust networks that (lots and lots of ) money can buy. Now, as Lehman Bros and Merrill Lynch prepare for takeover, their IT...
created by Jordan Yerman | 1 year ago | updated 1 year ago
247 views | 15 recommendations | 4 comments
247 views | 15 recommendations | 4 comments
if engineers had deference given to speculative fund managers
Wake up, get out of bed, drag a comb across my head...head out to the road, over the bridge...oops!...you are late for work forever, you are dead. The bridge designer, architect, and construction engineering... The U.S. economic crisis, week in review
It has been a turbulent week in U.S. financial markets, the worst since the 1980’s , and the ripple effects continue to be felt in markets around the globe. The Dow Jones Industrial Average has been on a roller coaster all week as a result of bankruptcy announcements by...Wall Street Mess and the Foreclosure Crisis
"When America woke up this Monday morning, the news that hit them is certainly something that one will not expect. Investment giants Lehman Brothers and Merrill Lynch were suffering from losses so huge that the...Cybersquatters Take Merged Bank Names
For those who are oracles and can see the future, cybersquatting is one of the many things you can capitalize on. With mergers happening all over the place, you might have some good fortune in the business of domain names."Cybersquatting, according to the United States...
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