The credit crisis and the suicide epidemic
These are depressing times but it is distressing to see how many financiers and business people affected by the credit crisis are being driven to suicide.
One public case occurred before Christmas when Rene-Thierry Magon de la Villehuchet, a French fund-of-funds manager based in New York, killed himself after investing $1.4bn of client money (apparently including $50m of his own) with Bernard Madoff. Read more
Steve Jobs fulfils his investor responsibilities
Having criticised Steve Jobs of Apple in the past for failing to disclose to investors what was wrong with him, I have to say that I think he has done all that can be expected of him for now.
Mr Jobs’ statement yesterday that his weight loss is due to a hormone disorder that means he has not been digesting food properly has failed to still the speculation. Jeff Bercovici notes that both the Wall Street Journal and the New York Times this morning have interviews with doctors that raise further questions. Read more
My brief encounter with Bernie Madoff
It is a small world. Who should I come across in Manhattan this evening but Bernie Madoff?
Actually, that is not strictly true. I had to hang around for five minutes or so to see him appear at his apartment building, returning from his day in court at which prosecutors tried to have his bail revoked. Read more
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John Gapper is an associate editor and the chief business commentator of the FT.
He has worked for the FT since 1987, covering labour relations, banking and the media. He is co-author, with Nicholas Denton, of 'All That Glitters', an account of the collapse of Barings in 1995.
Andrew Hill is an associate editor and the management editor of the FT. He is a former City editor, financial editor, comment and analysis editor, New York bureau chief, foreign news editor and correspondent in Brussels and Milan.
Latest columns by John and Andrew