Reuters has it, and an analysis from Zero Hedge:

on Friday, one Sergey Aleynikov was arrested at Newark airport by FBI agents, as he was coming back from a trip to Chicago (maybe visiting his new employer), on what are basically industrial espionage c…

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Michael Lewis on how A.I.G. and the insider view, beats up Joe Cossano. Also talks about how Goldman got away with their 100 cents on the dollar, which employees were asked to return their bonuses. (Employees: some 200 million. Goldman: $12 billion. Sl…

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The Quiet Coup by Simon Johnson (HT: Reader “KVV”)

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has ef…

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Goldman Sachs, in my opinion, has started its descent. For years, it has been out there, surviving crisis after crisis, managing to make tons of money and pay handsome bonuses even in tough years. It’s built a solid house – nearly everyone in a top-lev…

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