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Tag Archives: financial crisis

Dead Men Walking

March 14, 2010 – 4:42 am

A report into the collapse of Lehman Brothers criticises senior executives and auditor Ernst & Young for serious lapses that led to the firm’s collapse. The report says Lehman was insolvent for weeks before it went bankrupt, sparking a global financial meltdown. It accuses management of “actionable balance sheet manipulation” and using accounting tricks to [...]

By DeusExMacintosh | Posted in Economics, Funnies, Law, Politics, Public Policy | Also tagged , , , , , , | Comments (3)

Demolition Man

January 17, 2010 – 4:08 am

Royal Bank of Scotland shareholders have criticised the appointment of Sir Fred Goodwin by the architectural firm RMJM in Edinburgh. The consultancy role will be his first job since leaving RBS after the government bailed it out 15 months ago. Roger Lawson, from the RBS Shareholder Action Group, said it was “ironic” Sir Fred got [...]

By DeusExMacintosh | Posted in Economics, Funnies, Politics, scotland | Also tagged , , | Comments (17)

I hope this isn’t accurate…

September 1, 2009 – 10:46 am

… But I have a nasty feeling it is.

By skepticlawyer | Posted in Economics | Also tagged , | Comments (22)