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Archive for August, 2009

Arc Of Insolvency Stays Strong As Iceland And Ireland Try To Sort Their Banks Out

Arc Of Insolvency Stays Strong As Iceland And Ireland Try To Sort Their Banks Out

Back last autumn when the financial crisis really kicked into gear, Iceland lost its national pride in the space of a couple of weeks, when…

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Posted by Ben Beaumont-Thomas in Hot Money | August 11, 2009 11:37AM | No Comments »


Lloyds Potential Rights Issue Gets Thumbs Down From Shareholders, While Share Price Falls

Fraud Watch: Chinese Fugitives, $1000 Cognac, And Ruth The Robot

Fraud Watch: Chinese Fugitives, $1000 Cognac, And Ruth The Robot

After the slew of high-profile fraud cases that came to light as the recession deepened, things have settled down somewhat – fraud fans like us…

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Posted by Ben Beaumont-Thomas in Hot Money | August 6, 2009 12:03PM | 1 Comment »


Cash For Clunkers Scheme Set To Continue, But Is Undermining The Auto Industry?

Cash For Clunkers Scheme Set To Continue, But Is It Undermining The Auto Industry?

The “cash for clunkers” scheme, and its rather more prosaically-titled UK equivalent, the car scrappage scheme, are ideas that were scorned for their short-termism, potentially…

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Posted by Ben Beaumont-Thomas in Green Rush | August 5, 2009 12:49PM | 3 Comments »


Bank Results: BarCap Saves Barclays, HSBC Calls Bottom, UBS Slightly Less Bad, Rock Down Til 2010

Bank Results: BarCap Saves Barclays, HSBC Calls Bottom, UBS Slightly Less Bad, Rock Down Til 2010

UBS keeps on getting sucked down into the gaping maw of failure, with news today that its net losses for the last quarter

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Posted by Ben Beaumont-Thomas in Hot Money | August 4, 2009 1:48PM | No Comments »


RIAA Continues Crushing The Little Guys, But Music Industry Needs To Be Winning Them Back

RIAA Continues Crushing The Little Guys, But Music Industry Needs To Be Winning Them Back

The Recording Industry Association of America has continued its random financial assassination of hapless American file-sharers in their campaign to “protect intellectual property

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Posted by Chris Baraniuk in Creative Economy | August 4, 2009 11:24AM | 7 Comments »


Andrew Hall Trying To Manoeuvre Phibro Away From Citigroup

Last week we looked at Andrew Hall, the guy who made Citigroup a lot of money heading up the oil futures trading arm…

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Posted by Ben Beaumont-Thomas in Hot Money | August 3, 2009 1:31PM | 2 Comments »


Is The Observer Getting Canned?

Is The Observer Getting Canned?

The Observer, the Sunday broadsheet bought by the Guardian back in 1993, could get sent to the big liberal breakfast table in the sky in…

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Posted by Ben Beaumont-Thomas in Creative Economy | August 3, 2009 11:19AM | No Comments »