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January 29, 2010
What Toronto can teach New York and London
...first day as finance minister in 1993, Paul Martin got very scared. Martin, a snowy-haired, charming Anglophone businessman...change.” For Martin and Dodge, there was a shared conviction, as Martin told me, that “we could never afford to... By Chrystia Freeland
8:18pm
Patsystems benefits from rapid growth in Asia
...rose 47 per cent to £7.6m ($12m). A string of contracts in the region – notably...total group turnover, up from 27 per cent a year ago.Sales from the North American...800,000 in expected revenues from Lehman – were flat and meant the region accounted...of total revenue, down from 35 per cent a year ago.The region has seen spending...pre-tax profit growth,” he said.Martin Webber, chief executive, said the group... By Philip Stafford
February 8, 2010
Montagu set to float BSN Medical
...homes operator, which is being prepared for a sale or flotation by 3i, its UK private...sector for deals this year, according to a survey of financial institutions by DLA...abandon the auction after the collapse of Lehman Brothers triggered a financial crisis.The Hamburg-based company... By Martin Arnold in London
February 8, 2010
Montagu set to float BSN Medical
...homes operator, which is being prepared for a sale or flotation by 3i, its UK private...sector for deals this year, according to a survey of financial institutions to be published...abandon the auction after the collapse of Lehman Brothers triggered a financial crisis.The Hamburg-based company... By Martin Arnold in London
September 9, 2009
Real drama at Lehman upstages TV fiction
...Troy. In both programmes Dick Fuld, Lehman’s boss, emerges as a tragic colossus. Wall Street’s longest...serving chief executive, who had worked at Lehman’s since joining as a student intern in 1966, was excluded...Financial Times editor and subsequently a Lehman insider, to suggest he “didn’t still fully... By Martin Hoyle
September 10, 2009
Real-life drama at Lehman upstages crisp TV fiction
...Troy. In both programmes Dick Fuld, Lehman's boss, emerges as a tragic colossus. Wall Street's longest...serving chief executive, who had worked at Lehman since joining as a student intern in 1966, was excluded...Financial Times editor and subsequently a Lehman insider, to suggest he "didn't still... By Martin Hoyle
December 28, 2009
The bankers who wouldn’t say sorry: a cautionary tale
...bomb it ticked no more.Instead it gave a mighty roarLike some avenging finance demon,And destroyed RBS and Lehman.That made the bankers wail and yelp...sorry crew.But were they grateful? Not a jot,This arrogant and greedy lot. “It wasn...sturm and drang.When it explodes with a loud BANG! Martin Dickson, the writer of this cautionary... By Martin Dickson
October 15, 2009
Improved mood sees return of hybrids
...I would not be surprised if there is a deal done before Christmas,” said Eirik...trading at 95 per cent of par value, up from a low of 74 per cent in the aftermath of Lehman’s collapse a year ago. Martin Wiwen-Nilsson, co-head of capital markets... By Jennifer Hughes
October 16, 2009
Improved mood sees return of hybrids
...I would not be surprised if there is a deal done before Christmas," said Eirik...trading at 95 per cent of par value, up from a low of 74 per cent in the aftermath of Lehman's collapse a year ago. Martin Wiwen-Nilsson, co-head of capital... By Jennifer Hughes
January 3, 2010
Beware the crisis around the corner
...matters, and the reason why is familiar. A financial institution thought, or explicitly...authorities, to be too big to fail has a licence to take excessive risks. The problem...out of concern over moral hazard, let Lehman fail. In a way, they were right. It was not too big...former Fed chairman, William McChesney Martin, do they take away the punch bowl before... By Clive Crook