Business news without the bullshit

"The big lie goes viral"

What created the 2008 crash?

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Banking is supposed to be boring

Too little capital, too much leverage.

Reserve requirements were bent for the top five banks in the US who happen to also be the top five contributors to Congress.

Lehman engaged in criminal activity by hiding liabilities. MF Global is taking fraud to a new level - taking client money out of segregated client accounts.