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Email transcripts released by the US Department of Justice (DOJ) show RBS bankers joking about destroying the housing market before the 2008 crash.
Henry Paulson, Timothy Geithner, and Ben Bernanke have warned that the lessons of the 2008 financial crisis are in danger of being forgotten.
Monetary and fiscal policy is unsustainable and the next recession will be "really frightening," legendary US investor and hedge fund manager, Paul Tudor Jones, told Goldman Sachs CEO Lloyd Blankfein in an interview on Monday.
The sell off in Argentina and Turkey presents risks of wider contagion to other countries and has already spread to Lebanon, Columbia and South Africa, an Institute of Financial Research (IIF) report has said.
The euro is attempting to bounce back on Wednesday after its rapid decline amid the Italian markets crisis. Despite a bullish start to the day analysts have suggested the return is unlikely to hold.
‘It sent a tremor down my back’: Alistair Darling reveals how Britain came within hours of the ‘breakdown of law and order’
If you can't get your money you can't buy food, you can't buy petrol etc. There was a grave risk of going from an economic crisis to a political crisis, where you have a breakdown of law and order. We were that close to the brink."
The man who guided Britain through the 2008 financial crisis worries cyber attacks could trigger the next crash
Former British Chancellor Alistair Darling said it would be a "profound mistake" for governments and institutions to ignore the possibility that another crisis could be just around the corner.
Central bankers are like "pyromaniac firefighters" creating crisis after crisis in the financial system. The blame for the 2008 financial crisis rests with the central bankers who don't understand modern financial markets and are using tools from 1965 to maintain them, said Daniel Lacalle.
‘Everything’ in Argentina is 20% to 30% overvalued and a crisis is on the way, according to an economist
A financial crisis has been building in Argentina for years, but was hidden by an inflationary bubble which politicians refused to look at because they wanted to "avoid the pain," said Daniel Lacalle, chief economist at Tressis SV and a fund manager at Adriza International Opportunities.
Argentina is seeking emergency credit from the International Monetary Fund (IMF) in an effort to prevent another financial crisis, after three consecutive interest rate rises last week failed to stop the decline of the Argentine peso against the dollar.