Broad Oak Magazine

London Banker sums up what went wrong over the past 25 years, in 1,610 words. It's a reprint from May, but he's right to show it aga...

London Banker explores the implications of the drying-up of letters of credit. Stock that larder extra well until you've heard the probl...

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 back in the days of Dumas' Cardinal Richelieu (*), as London Banker points out. He quotes Section 8 of the proposed new US fin...

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...

This is a post you will wish to read if Lehman and/or other US Banks go down. "London Banker" notes that US creditors get first pi...

I said earlier this week that rich and powerful foreign investors will call the tune now, and London Banker relays a threat from the Chinese...

... the [political] system which has for sixty years precipitated the greatest debt cycle in history may be inadequate to address the greate...