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...The writer is a former investment banker and author of Power Failure: The Rise and Fall of an American Icon While the spotlight in the financial world has lately been focused — understandably — on the shocking...
...That figure pales against the total value of the US housing market – $23.7tn at the end of 2012, according to Zillow – but it could grow exponentially if Blackstone et al are able to get their hands on cheap...
...Scandicrime by an American....
...It is a tiny business, so small that the biggest fishing industry trade association, the American Sportfishing Association (ASA), doesn’t even collect data on it....
...As a former investment banker, Augar tells the story of the disaster in the financial markets. What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...But growth returned quickly in what became known as the “V-shaped recovery”....
...al?...
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