Category Archives: The Market

Singer Deborah Gibson gets out from under her house in Los Angeles’ Hollywood Hills, unloading it for $900K and thereby avoiding losing it to foreclosure

Singer Deborah Gibson gets out from under her house in Los Angeles’ Hollywood Hills, unloading it for $900K and thereby avoiding losing it to foreclosure. Is it just me or is she hotter than ever? Oh. It’s just me? Okay.

Lloyd Blankfein Recants

Goldman Sachs chief Lloyd Blankfein has turned! Speaking at the Handelsblatt banking conference yesterday, the CEO said that bankers and traders had behaved irresponsibly and that public backlash against their salaries was justified. Of course, he’s not offering to give back the $26 million Central Park penthouse he bought last year. I mean, what areContinue reading “Lloyd Blankfein Recants”

How might the current financial crisis shape financial sector regulation and structure?

I’m not certain why, but I was earlier reminded of a recent statement illustrating the rate at which Financial Services, as a component of US GDP, had grown dramatically in the post-Cold War period. I was startled by the figures I’d heard, but only this evening took it upon myself to actually research the claim.Continue reading “How might the current financial crisis shape financial sector regulation and structure?”