#2008-financial-crisis tag

Bank of England Governor 'shocked' by Mandelson leaks to Epstein

Asked whether sufficient safeguards exist to prevent those in positions of power from misusing market-sensitive information, Bailey said there was a "very clear" legal framework for dealing with potential breaches and that it was appropriate for the Mandelson allegations to be handled by law enforcement. He also stressed that the focus should remain on Epstein's victims, asking: "How is it that we live in a society that this happened and was allowed to happen?"

UK politics

fromwww.dw.com

1 week ago

UK: Peter Mandelson to quit House of Lords over Epstein ties

Peter Mandelson resigned from the House of Lords after Epstein files showed he emailed Jeffrey Epstein with potentially market-sensitive information, prompting a police probe.

fromBitcoin Magazine

2 weeks ago

Judicial Rackets: Judge Rakoff And The Fear Of Monetary Exit

Rakoff repeatedly treats "crypto" as a monolith, collapsing decentralized networks, centralized frauds, meme tokens, and algorithmic stablecoins into a single object of derision. This is not analysis; it is rhetorical convenience. The Terraform Labs fraud he describes depended on secrecy, centralization, and false representations - the very features Bitcoin was designed to eliminate. Rakoff describes Bitcoin as gambling "untethered to economic reality." But his definition of economic reality is faith-based: central bank discretion, elastic supply, and institutional trust.

Cryptocurrency

Fashion & style

fromBusiness Insider

2 months ago

A '2008 global financial crisis' hoodie that costs $180 is sold out

A $180 "2008 Global Financial Crisis" hoodie sold out, showing Gen Z's appetite for dark-humor, meme-driven streetwear that repurposes historical trauma into provocative fashion.

Arts

fromArchitectural Digest

3 months ago

Inside the Stranger-Than-Fiction Saga of the 'Queen of Versailles Home'-Now Starring Kristin Chenoweth

A 90,000-square-foot, unfinished replica of Versailles built by David and Jackie Siegel inspired a Broadway musical recounting their ambitious project and financial setbacks.

Business

fromBusiness Insider

1 year ago

Jamie Dimon, CEO of JPMorgan Chase, has hinted at retirement. Here's how he became an iconic billionaire banker.

Jamie Dimon transformed JPMorgan Chase into a dominant global bank through steady leadership, clarity, consistency, integrity, and strategic financial skill over decades.

fromIrish Independent

4 months ago

'I went to New York first class. I spent it with the faith that there'd be more money' - artist Kevin Sharkey on making almost 5m and losing it all

"In those years, I stayed in the George V [hotel] in Paris. I went to New York first class. I really had a great time spending that money," he tells Katie Byrne on the latest episode of the Money Talks podcast "I loved it, but I spent it with the faith that there'd be more money. I was never going to sit on a suitcase of money out of fear."