Lehman Brothers

The former chairman of the U.S. Federal Reserve on halting the financial panic in 2008 and the fallout of the worst crisis since the Great Depression

If bank bosses weren’t aware a crash was coming, why were they selling their stocks?

Lehman’s corporate art will be auctioned off in London and New York

ANDREW COYNE: How the seven richest nations went all in on a plan that brought the global economy back from the brink

Ottawa basks in the comfort of rumour and prognostication

Via Paul Kedrosky’s blog, I came across this column by Nouriel Roubini, whose predictions about this financial crisis so far have come true with astonishing precision. He address where he sees the contagion spreading next. In short, first the hedge funds will fall, then private equity firms will crumble:

I am stunned, STUNNED at the news that the U.S. Federal Reserve and U.S. Treasury have kicked in US$85 billion to bail out AIG.

Must-reads: Randall Denley on paying attention to the Dippers and Greens; Jonathan Kay on Gilles Duceppe’s plight; Greg Weston on maternity leave for the self-employed.