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Posts Tagged ‘Wall Street Journal’

UBS Tax Evaders Getting Rounded Up As Staff Flee For Better-Paid Jobs

UBS Tax Evaders Getting Rounded Up As Staff Flee For Better-Paid Jobs

The inexorable grip of the American tax man is starting to tighten around UBS and their tax-evading customers. Steven Rubenstein was the first

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Posted by Ben Beaumont-Thomas in Hot Money | April 9, 2009 12:21PM | No Comments »


Is There A Future For Paid Online Newspaper Content?

Is There A Future For Paid Online Newspaper Content?

The newspaper business in the US continues to flounder and gasp for revenue, with the news last week that the venerable Boston Globe

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Posted by Ben Beaumont-Thomas in Creative Economy | April 6, 2009 3:17PM | 3 Comments »


AIG Gets Flak Over Bonuses, But Derivatives Bailouts Are Where The Big Money Is

AIG Gets Flak Over Bonuses, But Derivatives Bailouts Are Where The Big Money Is

AIG has once again been paying out sums of money so enormous that you need to annex part of your brain just to comprehend them.…

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Posted by Ben Beaumont-Thomas in Hot Money | March 17, 2009 2:58PM | 2 Comments »


Short Selling Bans Deemed "Worthless" As Landsdowne, Paulson Make Massive Profits

Short Selling Bans Deemed “Worthless” As Lansdowne, Paulson Make Massive Profits

Short selling, the practice of betting on a fall in the share price of a company, was banned as Lehman fell back in September, and…

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Posted by Ben Beaumont-Thomas in Hot Money | March 11, 2009 1:22PM | 1 Comment »


Rupert Murdoch's News Corp Turns $6.4bn Loss, Mum Turns 100

Rupert Murdoch’s News Corp Turns $6.4bn Loss, Mum Turns 100

Rupert Murdoch announced Wednesday night that News Corp lost $6.4bn in the last quarter, and that he expected a 30% drop in income…

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Posted by Ben Beaumont-Thomas in Creative Economy | February 6, 2009 2:11PM | 1 Comment »


The Bad Idea "Crackpot Theories About The Financial Crisis" Hall Of Fame

The BAD IDEA “Crackpot Theories About The Financial Crisis” Hall Of Fame

As the anti-Semitic comments left on our own site have reminded us, the internet is the echo chamber where crazy notions go to…

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Posted by Ben Beaumont-Thomas in Hot Money | January 14, 2009 12:01PM | 4 Comments »


Predictions For 2009: Earth Generally A Rubbish Place To Be

As well as the aforementioned resolutions, the first week in January also sees everyone going into soothsayer mode and ruminating on the future…

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Posted by Ben Beaumont-Thomas in Other | January 5, 2009 3:21PM | 1 Comment »


Car, Cheese Industries Get Government Bailout

Car, Cheese Industries Get Government Bailout

So first we had banks bailed out. Then guys like Adolf Merckle wanted the personal bailout treatment (not that he

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Posted by Ben Beaumont-Thomas in Hot Money | December 10, 2008 1:48PM | 2 Comments »


Felix Dennis Cackles Again, Baits “Multi-platform” Print Rivals On Their Online Ad Failures

Yes, it’s that man again… Last week we told you how Felix Dennis totally played Wall Street private equity hotshots Quadrangle, having

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Posted by Jack Roberts in Creative Economy | December 3, 2008 2:00PM | 2 Comments »


Hedge Fund Managers Get Less A Congressional Grilling, More A Light Toasting

The congressional hearings that have been striking fear into the Masters Of The Universe of late turned to the hedge fund

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Posted by Ben Beaumont-Thomas in Hot Money | November 14, 2008 10:39AM | 1 Comment »


Christmas Joy Further Compromised By Financial Crisis

Christmas should be a wonderful time of loving and giving, but the financial crisis is putting paid to all that nonsense. First we had…

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Posted by Ben Beaumont-Thomas in Hot Money | November 11, 2008 10:12AM | 1 Comment »


Luxury Market, Post-Financial Crisis, Says Goodbye To The Middle Classes

Is the luxury market doomed, or not? The headlines over the last few weeks have swung around like a bored housewife – “Luxury

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Posted by Ben Beaumont-Thomas in Hot Money | November 10, 2008 12:06PM | 2 Comments »