The Manhattan Puzzle – The Devil’s Casino for spoiled princesses

Posted by on Apr 3, 2012 in Mystery Novels, Research, The Manhattan Puzzle

It is clear from Vicky Ward’s book, The Devil’s Casino, that many of the wives of senior Lehman executives were spoiled-princesses. Prostrating themselves at the high-altar of the firm, gilding every ageing lily and fighting like Cinderella’s fat sisters were the everyday obsessions of these icons of corporate triumphalism. It’s not hard to feel a little envy, of course, when you read about the opulence (more Jimmy Choos than it is healthy to...

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The Manhattan Puzzle – US Bailout costs

Posted by on Jan 2, 2012 in Research, The Manhattan Puzzle

Cost, as of end 2012, of the financial bail out in the U.S. alone: * $29 billion for Bear Stearns * $143.8 billion for AIG (this far) * $100 billion for Fannie Mae * $100 billion for Freddie Mac * $700 billion for Wall Street, including Bank of America (Merrill Lynch), Citigroup, JP Morgan (WaMu), Wells Fargo (Wachovia), Morgan Stanley, Goldman Sachs, and a lot more * $25 billion for The Big Three in Detroit * $8 billion for IndyMac * $150 billion stimulus package (from...

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