Tags » Mortgage Crisis
The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.
Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock. 660 more words
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Definition of Casino capitalism:
The kind of high-risk- high-reward behaviour indulged in by former high street bankers and many others which helped lead to the ongoing economic crisis…
ST. LOUIS (KMOX) -We all know how many murders there’ve been in our cities, and where that ranks. But how many tax evaders or cyber-criminals have been caught here? 342 more words