Charles Keating, financier and moralist, 1923-2014 - FT.com
"Ultimately he was undone for mis-selling hundreds of millions of dollars of junk bonds to small savers and pensioners. Thousands lost their savings. One of Lincoln’s marketing mottos was: “Always remember, the weak, meek and ignorant are always good sales targets.” Hundreds of other S&L executives were convicted. But Keating stood out. The contrast with 2008, which has yielded no high-profile convictions, is stark.Keating was unrepentant to the end. If the government had simply left him alone, he said, his investors “would all be rich”."
Meet the Americans Who Put Together the Coup in Kiev
Bilge Erten and José Antonio Ocampo show why domestic macroprudential regulations cannot replace capital-account management. - Project ...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.