« Previous  |  Next »

Fears of ‘Lost Decade’ Grow for British Economy

LONDON — Britain may be emerging from recession, but that is little solace for those who suggest that the economy here might follow in the steps of Japan’s lost decade in the 1990s unless the twin threats of burgeoning national debt and ruined banks ...

From LANDON THOMAS JR., The New York Times,  20 Nov 2009

Related Topics: Bank of England

Little Cargo, Loads of Debt

LONDON When Eastwind Maritime, a medium-size carrier company, went bankrupt this summer, few banks in the United States took notice. Cargo vessels off the coast of Singapore last June. With trade slowed by the recession, bankruptcies of carriers could ...

From LANDON THOMAS JR., The New York Times,  11 Nov 2009

Related Topics: Royal Bank of Scotland,  Commerzbank

Why Would He Run for Parliament?

Mr. Goldsmith in 1997 with his father, Sir James; his sister, Jemima Khan, and his mother, Lady Annabel. ZAC GOLDSMITH, millionaire playboy, eco-warrior and quixotic Conservative candidate for Parliament, is trying to explain why his bid for political ...

From LANDON THOMAS JR., The New York Times,  30 Oct 2009

Related Topics: David Cameron,  UK Conservative Party,  James Goldsmith,  Gordon Brown,  Greenpeace

Tory 'Bad Cop' Bets on Hard Fiscal Facts

That was the message, though not in exactly those words, that George Osborne, the ambitious finance minister-in-waiting for Conservative Party, delivered to the Tory faithful here last week as he warned of Britain’s burgeoning debt burden. “The ...

From LANDON THOMAS JR., The New York Times,  16 Oct 2009

Related Topics: George Osborne,  UK Conservative Party,  Gordon Brown,  James Carville,  Bill Clinton

Offshore Haven Is Forced to Consider a Heresy, Collecting Taxes

GEORGE TOWN, Cayman Islands What happens to a tax haven when it has to raise taxes? The Cayman Islands may soon find out. President Obama once referred to the Ugland House in George Town, where about 19,000 companies were registered, as the biggest tax ...

From LANDON THOMAS, JR., The New York Times,  3 Oct 2009

Related Topics: McKeeva Bush,  Barack Obama,  John Grisham,  Barclays,  Queen Elizabeth II

Britain’s Top Financial Regulator Takes On Banks

Those epithets and more have been hurled at Adair Turner, the blue-blooded scold of City of London, Europe’s Wall Street. But after the financial debacles of the past year, Mr. Turner, Britain’s chief financial regulator, refuses to back down. He ...

From LANDON THOMAS JR., The New York Times,  23 Sep 2009

Related Topics: James Tobin,  Barney Frank

Dubai’s Investment Arm Struggles With Debt

LONDON One of Dubai’s most prominent investment funds is in talks with its bankers about refinancing its swollen debt burden after a steep fall in the value of its assets. Istithmar, the investment arm of the government-owned Dubai World conglomerate, ...

From LANDON THOMAS JR., The New York Times,  14 Sep 2009

Related Topics: Queen Elizabeth II

Unease Over Trading by the Firms That Shape Markets

LONDON Its superfast, supersecret oil trading software was called the Hammer. And if the Commodity Futures Trading Commission is right, the name fit well with an intricate scheme that allowed commodity traders in Chicago working for Optiver, a little- ...

From LANDON THOMAS JR., International Herald Tribune,  3 Sep 2009

Related Topics: Securities and Exchange Commission

Ex-Citi Chief Looks to Show He Can Change Lloyds

On paper, Winfried F. W. Bischoff whose most recent job was a brief stint at the helm of the heavily damaged Citigroup has all the qualities one would expect in an incoming chairman of the equally troubled Lloyds Banking Group, one of Britain’s most ...

From LANDON THOMAS JR., The New York Times,  12 Aug 2009

Related Topics: Citigroup,  HBOS,  Richard Parsons,  Bank of America,  Kenneth D Lewis

British Financier Faces Increased Scrutiny From His Tax Haven in Guernsey

ST. PETER PORT, GUERNSEY — The panoramic view of the English Channel and Guernsey’s craggy western shore from Guy Hands’s new £6 million home is splendid. No less so is the vista from his soon-to-be-completed rooftop office here on the eastern side of ...

From LANDON THOMAS JR., The New York Times,  6 Aug 2009

Related Topics: Stephen A Schwarzman

« Previous  |  Next »

Who is This?

Help us add to our database, by linking this writer their entry in Wikipedia or Source Watch, or by suggesting that we remove it from our index.

Suggest an Entry