The book by Don Tapscott and Anthony Williams describes Wikinomics as the "new art and science of collaboration". Actually, it actually has strong echoes of CK Prahalad and Venkat...

If the Fed thought orchestrating the sale of Bear Stearns to JP Morgan for a bargain basement price would make the problem go away, it was dead wrong. The shockwaves from the US-government backed...

The Fed's bail out of Bear Stearns continues to raise questions about "moral hazard". The term "moral hazard" applies to the situation where a party believes it won't have...

Worrying news with reports that ratings agency Standard & Poor's has a report that 93 American companies are at risk of defaulting on $53 billion in debts, most of it coming from giant...

Appalling revelations in the Daily Telegraph over the weekend about how a London-based hedge fund set up a "dirty tricks unit" to manipulate share prices and get information illegally about...

The credit crisis and housing crunch are hurting the rich, reports The New York Times.The affluent who took out massive mortgages and geared themselves up to lifestyles they could not otherwise...

There is a certain sense of deja vu watching US Federal Reserve chairman Ben Bernanke pump more liquidity into the US market to try and keep it afloat.In his damning book, Greenspan's Bubbles,...

It's a bit like closing the barn door after the horse has bolted. That's how BusinessWeek has described Treasury Secretary Henry Paulson's policy recommendations to solve the credit...

So the market has rallied on Ben Bernanke's latest rescue plan. The Fed is says it will lend $200 billion of Treasuries to the securities firms that trade directly with the central bank in return...

Here is the paradox of markets: they are bigger, more liquid and more lucrative than ever but mistakes by a handful of companies send shock waves around the world. All created by complex financial...

Federal Reserve chairman Ben Bernanke might be signalling more rate cuts to ward off recession but economists say the recession is inevitable. The only thing they can't agree on is what shape...

The subprime disaster is hitting insurers hard with Fitch Ratings saying US life insurers have an estimated $7 billion to $8 billion in unrealized losses on subprime, reports The Wall Street Journal....

Credit crunch? Credit default swaps? Honeymoon loans? NINJA loans? Negative pledge? The subprime crisis is upon us and investors are confronted with jargon designed to baffle and keep them in the...

Warren Buffett triggered a Wall Street rally when he offered to bail out troubled bond insurers in the US. But when you look at the deal closer, it's actually better for Buffett and Berkshire...

With a US recession looming, the question is how bad is it going to get?Certainly a recession is now an even money bet, according to a Bloomberg news survey, with the US housing industry in trouble,...

The Fed's one-two punch, cutting rates by half a percentage point, will not do the trick. The aim of the Fed is make it easier for business with better credit and cheaper money.But shortly after,...

Some commentators, like JP Morgan Chase chief executive Jamie Dimon, say the US subprime crisis is on the way to sorting itself out and that the market can take care of itself. But that hasn't...

After the Monday Massacre of global stock markets, Asian markets have rallied and the Australian market ended its losing streak with the biggest one day gain since last August after the Fed's...

When Alan Greenspan was at the height of his influence as Fed chairman, the financial news network CNBC would film him arriving for Federal Open Market Committee meetings and focus on the size of his...