Lest you think 2008 was only about the crunch, let us remind ourselves that a little bit of life also took place. The shocks of birth, the perils of street crossing, the truth about tipping, and an safe way to rebel. Against your sat nav.
The New York Daily News reports that disgraced financier Bernie Madoff, the mastermind behind an alleged $50bn fraud, could end up falling back on an insanity defense in order to avoid jail time.
The weekend beginning Saturday, 13th September, will go down as the two-day period that changed the face of Wall Street. Lehman Brothers and Merrill Lynch were on the ropes, at the mercy of short sellers. Rumours and speculation were rife. Would Lehman fall or merge ? Would the US government come to the rescue with a bailout ? Would Merrill Lynch be the next shoe to drop ? And what would happen to Goldman Sachs and Morgan Stanley ? As a comprehensive Wall Street Journal article has now made clear, the decisions made over those two days sealed the fate of all these key financial markets players.
Associated Press reports that the brother of Thierry de la Villehuchet, the financier who is thought to have killed himself earlier this week due to the fact that he had monies invested with Bernie Madoff, has said that his sibling indeed had 'several tens of millions' with the alleged fraudster.
Reader-Writer Billy No Box wins the award as our most prolific HITW. We give you a selection from him, as well as a bit from The Properlys, HITC Life's Etiquette Team. May we never stray from good manners again (regardless of our bonus).
'2008 has been a difficult year for most of us in the financial markets industry, but my year really takes the biscuit. In fact, I've come to believe that I'm the unluckiest banker alive.
Here's the latest missive from our Highly Placed Professional.
This year saw the entry of a few new reader-writers who have made our lives better. Square Mylo, Sonny Blue and MrSMartinPants. Funny, why don't they write under their real names? Perhaps because they're giving us the Real Deal.
Here's the results of our 2008 'Bonus Satisfaction' poll. (We didn't bother to ask our readers, as we knew what your responses would be).
And who said that there'll be no Santa Claus this year - as least there is as far as former Merrill Lynch executive Peter Kraus is concerned. He'll surely remember 2008 as a hell of a year!
Juan Foyth is ready to seal Tottenham Hotspur transfer.
Leeds United and Celtic are looking to add to their striking options, with Arsenal's Akpom an alleged target.
West Ham United lost against Southampton at St. Mary’s Stadium in the Premier League on Saturday.
Dutch club reportedly could not compete financially with Leeds.
Leeds United should consider keeping Souleymane Doukara.
Arsenal fans were furious with the 24-year-old on Saturday.
Liverpool beat Crystal Palace 1-0 on Saturday afternoon.
The Leeds United hitman looks like he's heading to Burnley.
Could Huddersfield's Wells replace Chris Wood at Leeds United?
Tottenham Hotspur can still rival Chelsea for the 30-year-old, amid false reports that the Blues have already bid for him.