My FT column this week is on Wall Street:
There are various ways to describe the synthetic collateralised debt obligation that Goldman Sachs constructed for John Paulson, the hedge fund manager who bet on the collapse of the mortgage bubble. Read more
Should the US be offering more incentives to its own global companies to build manufacturing plants at home rather than abroad? Intel thinks so.
Stacy Smith, Intel’s chief financial officer, dropped into the FT office in New York on Tuesday and, among other things, argued that the US is not taking high tech job creation seriously enough. Read more