Marlow’s Listener

Credit Suisse Group AG’s investment bank has found a new way to reduce the risk of losses from about $5 billion of its most illiquid loans and bonds: using them to pay employees’ year-end bonuses.

What does it mean to be a Republican? Do Republicans support laissez-faire or nationalized banking? Do Republicans support a balanced budget or half-trillion-dollar deficits? Do Republicans want a ‘humble foreign policy’ like George W. Bush, or preventive war against countries that pose no threat, like, umm, George W. Bush? Are Republicans the party of limited [...]

A rumor (that’s all it is, a rumor) in current circulation has it that the sharp decline in the stock prices of Goldman Sachs and Morgan Stanley is the result of short selling. Each other. I have a lot of respect for both institutions and I know many business colleagues at Goldman in their asset [...]