-
Munger: Megalomania, Insanity Caused Financial Collapse
Saturday, July 2, 2011 - 10:23am | 213Read More...Charles Munger, vice chairman of Berkshire Hathaway (NYSE: BRK-A), is known for telling it like he sees it. At a Pasadena conference on Friday, he had a few words to say about financial sector collapse of 2008. "The bubble in America was caused by some combination of megalomania, insanity and evil...
-
Short These U.S. Banks If Greece Defaults
Thursday, June 16, 2011 - 12:31pm | 384Read More...By now, we know the French and German banks that have Greek debt exposure, and those banks have been hit hard, with their stocks suffering, and their CDS spreads rising. Now we finally get a cumulative look at the U.S. banking sector's exposure to Greek debt, and it is not pretty. According to...
-
Charlie Gasparino: "Lehman SEC Charges Coming In September"
Friday, August 20, 2010 - 2:27pm | 204Read More...Sources tell Fox Business Network (FBN) Senior Correspondent Charlie Gasparino that former Lehman Brothers CEO Dick Fuld is saying that SEC charges against the firm will come in September. Based on this, lawyers for Wall Street firms speculate that “Wells Notices have been issued.” Highlights of...

