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I was in Ireland yesterday.  As always, the humour and hospitality of my Irish friends was second-to-none as illustrated by this cartoon from the Irish Independent:

Russia claims that it’s had little impact from the financial crisis, with banks growing at double digits and the Kremlin’s coffers remaining strong. This week Anna Smolchenko, a reporter with the Moscow Times, writes that Prime Minister Putin states: “On the whole, our economy is well enough prepared for long-lasting external shocks … the Russian…

Russia claims that it’s had little impact from the financial crisis, with banks growing at double digits and the Kremlin’s coffers remaining strong. This week Anna Smolchenko, a reporter with the Moscow Times, writes that Prime Minister Putin states: “On the whole, our economy is well enough prepared for long-lasting external shocks … the Russian…

On September 15th, Lehman Brothers collapsed with $613 billion worth of debt. Today, that debt is unravelled and the winners and losers sorted out. Tomorrow, we can move on. Or can we? Read more …

On September 15th, Lehman Brothers collapsed with $613 billion worth of debt. Today, that debt is unravelled and the winners and losers sorted out. Tomorrow, we can move on. Or can we? Read more …

On the one hand, I applaud them for trying. On the other, how darned stupid can you get? What am I talking about? National Australia Bank, or NAB as they’re now known. I just got wind of what’s going on down under from the Better Banking Blog, who summarise the situation quite well. NAB launched…

On the one hand, I applaud them for trying. On the other, how darned stupid can you get? What am I talking about? National Australia Bank, or NAB as they’re now known. I just got wind of what’s going on down under from the Better Banking Blog, who summarise the situation quite well. NAB launched…

I was looking at the layoff trends in banking over the weekend, and it’s pretty hairy.   2007 set a record number of 153,000 US jobs lost in finance, three times the average numbers for the years before according to figures from Challenger Gray, the outplacement firm.   If 2007 was a record, 2008 may…