Here's a Friday funny on the European debt crisis.
BBC News reports that 31-year-old City trader Jonathan Bunn has been jailed for 30 months after engaging in some $57m of unauthorized trading which caused his firm, inter-dealer broker Lewis Charles, to sustain losses of around $4.5m.
'It's funny that I have to come to Russia to hear something good about banking'.
Here's Thursday's testimony from Goldman CFO David Viniar before The Financial Crisis Advisory Panel on the subject of the role of derivatives in the financial crisis.
Here's a couple of Thomson Reuters global debt & equity-related league tables for the first-half of 2010
Here's the written testimony of Martin Sullivan, the former CEO of AIG, before the US Financial Crisis Inquiry Commission Tuesday.
The BBC has reported that the European Union has agreed tough new banker bonus curbs.
We are pleased to announce that Selby Jennings came out top in our 2010 Front Office Recruitment Poll.
The New York Post reports that it was business as usual for Goldman Sachs executives Wednesday, as they 'assumed the position' in Washington and took one (more) for the team - this time before the Financial Crisis Inquiry Commission (FCIC), which is now looking into the role derivatives played in the financial crisis.
Here's Tuesday's opening remarks from Chairman Phil Angelides at the Financial Crisis Inquiry Commission hearings on 'The Role of Derivatives in the Financial Crisis'.
The Bank of England is to begin consulting over a pay code for top City firms next year to incorporate the recommendation of an influential parliamentary report that bonuses should be deferred over 10 years.
Anyone who remembers the collapse of Lehman Brothers little more than five years ago knows what a global financial disaster is. The next disaster, however, could be only weeks away - and could impact the global markets far more than Lehman.
Sad to report.