Archive for 'Tag Archives: 'Derivatives''
A Criticism of Derivatives
Idries de Vries There can be no debate that derivatives are amongst root causes for the Global Financial Crisis of 2007 – 2008, arguably the worst economic crisis since the Great Depression that has kept most [...]
Another Rogue Trader and the Question of Risk
Three years to the day that Lehman Brothers collapsed another rogue trader scandal has hit. Thirty one year old Union Bank of Switzerland (UBS) trader Kweku Adoboli is accused of losing £1.3 billion. Following on from [...]
A cooling breeze from Greece
In the summer months its always pleasant to walk home from my local Mosque after the sunset prayers via my local high street. There are many Turkish and Cypriot restaurants and cafes interspersed with fruit and [...]
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