“The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society,”
October 1st, 2009 | Bill Bonner | 8 comments | ContinuedAll Posts Tagged With: "lehman bros"
Ben Bernanke is a Victim of the Trade
This week, Ben Bernanke got the nod for another stint as head of the world’s most important central bank. Yes, he completely misunderstood the implications of the hugely negative US trade balance, believing that America did the world a favor…
August 31st, 2009 | Bill Bonner | 0 comments | Continued
Gold Bought by Some of America’s Most Successful Investors
David Einhorn, the hedge fund manager who predicted the downfall of Lehman Bros., recently bought gold for the first time. And then there is John Paulson, the guy who made billions of dollars by correctly anticipating the housing bust and credit crisis.
May 1st, 2009 | Chris Mayer | 20 comments | Continued
Lehman’s Turn to be Rescued
Ten years ago, the New York Federal Reserve Bank called upon Lehman Bros. and a handful of other major players on Wall Street to rescue a high-flying hedge fund…
September 16th, 2008 | Bill Bonner | 1 comment | Continued