Broad Oak Magazine

This blog looks at the implications of failed investment bank Lehman's call on their "insurance" in the form of derivatives co...

Jesse reports on an FT article from Wednesday, which suggests that the "hurry-up-and-give-us-$700bn" is to do with the need to re...

Lehman administrators have filed a court order for the return of $8bn that was transferred from the UK to the US just before the firm's ...

We're in a surreal phase. As Denninger points out, there is no legal authority for the Federal Reserve to accept stocks and shares as c...