Dexia (One Bank)

Dexia (described as in a state of “gripping liquidity strains”; otherwise “insolvent” might be the appropriate adjective), has a plan to sell to the French and Belgian taxpayers $238.9 billion…

Another banking crisis

by Asher B. Edelman It is clear that the banks would not have suspended all residential foreclosures for humanitarian reasons. The banks were achieving their objective, a very high percentage…

NZZ (CH) features Asher Edelman

Of Wars and Culture How Corporate Raider Asher Edelman became an art dealer and financier If a notorious corporate raider becomes an art dealer and financier, it indicates a metamorphosis,…