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Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

August 2008

AI market round up: People moves




Former GMAC chief executive Eric Feldstein has joined $13 billion hedge fund Eton Park as CFO; Jamil Baz, portfolio manager for Pimco’s global multi-asset fund, joins GLG as chief investment strategist; KKR has hired William Sonneborn, president and COO of TCW, to develop its asset management business.







I wanted to pay exactly one quid [£1] but my arm was twisted, and we rounded up to $2

Nomura’s Sadeq Sayeed, one of the architects of the bank’s acquisition of Lehman Brothers’ European business, on the deal of a lifetime

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