In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. Banks like Countrywide and non-banks such as New Century Financial--all financed by Bear Stearns, Goldman Sachs, Merrill Lynch, Lehman Brothers and others--were in danger of closing, or actually...

"Alors que les innovations financières, les subprimes et l'économie de casino sont brandies par la classe politique comme les seuls éléments caractéristiques à l'origine d'une crise du capitalisme en ce début du XXIe siècle, cet ouvrage s'interroge sur l'existence de changements d'une...

Over the past 10 years, financial firms have increased the size of their positions in the oil futures market. At the same time, oil prices have increased dramatically. The conjunction of these developments has led some observers to argue that financial speculation caused the run-up in oil...