afanley | Shared With: Everyone - Jul 04 2009 | goldman sachs, market crash, great depression, asset prices, market bubble, investment bank, new article, 1920s, bets, money
Investment bank Goldman Sachs had a crucial role to play in every market bubble and crash since the Great Depression, says a new article. Goldman not only made money when asset prices were going up -- by hedging their bets, they made money on the way down, too.
- afanley | Shared With: Everyone - May 27 2009 | fashion time, printing money, bank of england, 1920s, germany
The Fed's doing it. The Bank of England says it plans to do it, too. With printing money (or as they say today, "quantitative easing") back in fashion, TIME reflects on Germany's efforts in the 1920s � and the crisis that followed.
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