Lehman Brothers

The Blame Game

January 30, 2009 9:28 am

It had to happen. Every crisis invariably gives rise to finger pointing. This one is no exception. Sooner or later, the scapegoating had to break out in the open. It didn’t take long. At a dinner I attended on the first night of the World Economic Forum, the blame game erupted with full force.

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Posted in Bankers, Big fiscal packages, Economic crisis, Financial regulation, Lehman Brothers |

And the prize goes to…Lehman Brothers

January 27, 2009 7:40 pm

No prizes for guessing what is worrying the 2,500-odd delegates due to arrive in Davos this week (albeit probably not too visibly in their corporate jets this year). Within minutes of the World Economic Forum permitting delegates to sign up for events at the meeting, which starts on Wednesday, some sessions were hugely oversubscribed.

A worthy debate on how corporations can affirm the “community” (featuring Jamie Dimon, CEO of JPMorgan Chase) was not one of these; yesterday that still had plenty of space.

Continue reading: “And the prize goes to…Lehman Brothers”

Posted in China, Davos sessions, Economic issues, Financial regulation, Lehman Brothers, Protectionism, Russia, Uncategorized |

Davos blog 2009

This blog is no longer updated but it remains open as an archive.