It made sense for policy makers everywhere to use all available counter-cyclical tools in an urgent attempt to lessen the serious risk of economic disaster, says Rory Robertson. But the economy story is not all good.
Lehman brothers
A year after Lehman … crisis what crisis?
A day before the 12-month anniversary of the collapse of Lehman Brothers and questions remain. Is the era of growth fetishism really over or is it just taking a break?
Cheap money fuels takeover splurge
The past week has seen two big takeover attempts that tell us that the financial alchemists and spin doctors are out peddling their wares again: last week it was Disney and Marvel, overnight it was Kraft bidding for Cadbury.
Stimulus package ‘blow out’ worth it
PM Kevin Rudd needs to convince voters that the economic stimulus package did stave off recession, even with its issues of money wastage and poor service delivery, says Phillip Coorey.
Lehman Brothers’ downfall: the inside story
A new book recounts the spectacular rise and fall of Lehman Brothers, whose demise ended in the largest bankruptcy filing in US history.
Nine reasons for pessimism
While the rate of contraction in the global economy may be slowing, we’re not out of the woods yet, writes Nouriel Roubini.
The True Story of a working family
Once upon a time at the Woodcutter’s house…
Lehman Brothers and the prophecies of doom
Think that Lehman’s collapse was due to its balance sheet’s reliance on repackaged sub-prime mortgages? Think again, writes Michael Feller.
As Wall St workers go down blogging, Lehman bros merch hits eBay
The chatter on the web about the collapse of Lehman Bros and the bailout of AIG offers a fascinating snapshot of the chaos on Wall St that goes beyond the obligatory shots of employees carrying cardboard boxes…
Wall Street II: Australia will lose billions on AIG and Lehman
Malcolm Turnbull’s opening two salvos in Question Time yesterday were right on the money, writes Stephen Mayne.
Media briefs: Capital punishment for all the kids, Bud Light swear jar…
Capital punishment for all the kids… Herald Sun demonstrates hanging… Bud Light swear jar…
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
