How Gamblers Broke The Banks
A wonderful little series in the Financial Times UK on the current crisis that has enveloped the world. A global story whose tentacles spread from the US sub-prime mortgage market to the City of London, Iceland, Russian oligarchs, Dubai property barons and numerous other actors. The aim of the special report is to offer readers an unfolding narrative, as well as a broader perspective on a crisis which shook the western model of market capitalism to its foundations. A must read feature that includes articles from George Soros, FT economist Martin Wolfe, David Blake former asset manager at Goldman Sachs and Gillian Tett, the FT’s award-winning capital markets editor. Click here for.