Tag Archives: market valuation


Guardian lost £24m in bungled currency trading

Times Online – Guardian Media Group, the owner of The Guardian and The Observer newspapers, lost £24m last year on botched currency trading as it tried to protect hedge-fund investments. The newspaper publisher, which is considering closing The Observer, the […]

Journal of a Plague Year: Faith in Markets Cracks Under Losses

Bloomberg – It has been a year of record misery: the largest bankruptcy, bank failure and Ponzi scheme in U.S. history; $720 billion in writedowns and losses by financial institutions; $30.1 trillion in market valuation wiped out. The biggest loss […]

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