Word: capitale
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Take Stephen Walsh and Paul Greenwood, operators of Westridge Capital Management's $1.3 billion in assets, who last week were charged by the Commodity Futures Trading Commission (CFTC) with allegedly "misappropriating" at least $553 million either for personal expenses or to cover trading losses. The CFTC is the sister agency...
"The fact that the government ownership of IndyMac is coming to an end in just eight months is successful," says Kevin Stein, a former associate director of resolutions at the Federal Deposit Insurance Corporation (FDIC) and an investment banker at FBR Capital Markets. "Nationalization is a tool that has been...
Job creation is like every other part of the economic fabric. Even when an economy is at its worst, some small set of firms which usually have capital and a need for workers find that labor costs are so low that the risks of bringing in a new person or...
There are two main reasons for regret - one practical and one symbolic. The practical point is best made by the phrase: the West made them do it. Yes, some of the countries on the brink of collapse have brought disaster on themselves. Places such as Latvia and Bulgaria have run...
It’s only been a few centuries since art has become a thing apart from the rest of the social world. It is only in our modern bourgeois society that we’ve exiled artistic product to hermetic galleries and museums, when dance has been marginalized to...