House of Cards – The Collapse of Lehman Brothers

Lehman Brothers Holdings Inc. was a global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), with about 25,000 employees worldwide The Lehman Brothers collapse was one of the Continue Reading

Darling, the man who saved the banks!

The Chancellor from the last Labour Government should be hailed as the man who saved the UK Banking system from financial collapse.  Alistair Darling (MP for Edinburgh South West). He should be known for the fact that he was he who was solely responsible for actually avoiding a complete UK Continue Reading