Tuesday, 16 September 2008

How the Masters of the Universe ran amok and cost us the earth

The famous Wall Street bull. Picture: Getty

SLAM. Slam. Slam. Slam. Like a scene from a gathering of Mafia dons, the doors of 30 black Lincolns slammed shut as their besuited occupants stepped out into a Manhattan downpour - and into a global financial storm. More info.

No branches in high street, but Lehman's downfall affects us all

ONLY a year on from the catastrophic collapse of Northern Rock and some optimistic analysts were suggesting we had reached if not the bottom point of the credit crunch, then at least a levelling off. More info...