EDITORIAL - The subprime crisis and Bretton Woods
It emerged yesterday that Halifax Bank of Scotland (HBOS), Britain's biggest mortgage lender, was in talks with Lloyd's TBS, the country's fifth-largest bank, on either a merger or an acquisition deal. The matchmaker in this deal, it appears, is no other person...
Wall Street's domino effect
To the man in the street, Fannie Mae and Freddie Mac could be mistaken for the names of grand old country folks, but, in reality, they are huge American mortgage banks, which went into a tailspin and were bailed out by the United States Government to the staggering tune...Dennie Quill
Apologies to Usain Bolt
I need to apologise to the great Usain Bolt for putting him in the same category as Carl Lewis. In my July 15 article titled 'Bolt for four gold medals', I said: "Can you imagine Bolt winning the 100m and the 4x100m in world record times? - Devon Dick
Global crisis-management
BORDEAUX, France: I'd have hoped that the salubrious setting of a café in the south of France might have provided me with some respite from the storm engulfing global markets. But, everywhere I turn, the newspapers and televisions all shout the same news. - John Rapley
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