The latest culture as recommended by our staff

Michael Henderson

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Crisis management

Felix Salmon

28th October, 2008

Felix Salmon talks to New York’s most senior commercial banker, Citibank chairman Bill Rhodes, about the origins of the current crisis – and profiles two other major players, Jamie Dimon of JPMorgan Chase and Ken Lewis of Bank of America

Crisis management

Crisis management

Felix Salmon

28th October, 2008

Felix Salmon talks to New York’s most senior commercial banker, Citibank chairman Bill Rhodes, about the origins of the current crisis – and profiles two other major players, Jamie Dimon of JPMorgan Chase and Ken Lewis of Bank of America

Oversexed, over-stressed, overpaid: the road to hell for hedgies and traders

Felix Salmon

30th September, 2008

Criminal hedge-fund managers seem to be all over the news of late, ending up dead, or in jail, or somewhere in between: see the case of Samuel Israel III, who was convicted of defrauding his investors of $300 million, but then, instead of reporting to jail, wrote ‘suicide is painless’ in the dust of his SUV’s bonnet, which he left sitting by the Bear Mountain bridge in upstate New York.

From sacred space to fiasco: how the World Trade Center site became a monument to incompetence

Felix Salmon

2nd September, 2008

Beijing may be getting all the attention of the world’s architectural groupies in 2008, but that’s understandable: it also has the Olympics.

Only in America: real estate is still breaking records in Manhattan and the Hamptons

Felix Salmon

1st July, 2008

Summer, in New York, is defined with conscientious specificity: it runs from Memorial Day, the last weekend in May, to Labor Day, the first weekend in September.

Citigroup is a broken organisation, but its new boss doesn’t have a plan to fix it

Felix Salmon

3rd June, 2008

In April 2007, Citigroup shelled out a reported $800 million to buy Old Lane Partners, a young hedge fund with a relatively modest $4.5 billion in assets under management.

Dimon is the new John Pierpont Morgan but the coming men are the wonk and the axeman

Felix Salmon

5th May, 2008

For 16 years, Jamie Dimon and Sandy Weill were the ultimate Wall Street power team, starting with a tiny finance company called Consumer Credit and building it through aggressive acquisition into Citigroup, the largest bank in the world.

 
The Spectator Parliamentarian Awards
Weekly update

A new job for the IMF: as global policeman

Elliot Wilson 26/11/2008

Carbon footprints

Elisabeth Jeffries 26/11/2008

General Motors must be allowed to crash

Matthew Lynn 26/11/2008

‘These clouds will have a silver lining’

Judi Bevan 19/11/2008
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