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Principal content
Bonus windfall tax
‘Try it: millions will love it,’ writes Martin Wolf, the FT’s chief economics commentator. In the UK, the mob is once again baying for blood
Goldman Sachs
The bank’s most precious asset – its awesome reputation – is turning as toxic as a pile of rotting collateralised debt obligations
Apollo
Leon Black’s private equity group is planning to take advantage of the market recovery with a listing
Bernanke blowing bubbles
Finally a central banker has admitted he is as clueless as everyone else, but arguing over the rally is short-sighted – powerful shifts are occurring
Ukraine
Europe is on tenterhooks over whether Russia will shut off gas to Ukraine and leave it shivering in January
Bank accounting rules
Europe’s financial institutions have again been dragged into the political spotlight, this time over the fight for control of accounting standards
New York’s cash crisis
The Empire State rivals the Golden one in terms of the
poor working of its budget
Bear Stearns
With the acquittal of two former Bear Stearns hedge fund managers, it is back to the drawing board to find Wall Street villains to convict
US bank regulation
Among possible options, the White House has indicated a willingness to consider the more dramatic solution of one über-regulator
Tobin or not Tobin
The Tobin tax or levy on financial transactions has, in reality, gone through several mutations and it should remain a curiosity of economic history
