‘It came from Downing Street,’ said Paulson . . .
Their plan was for other banks to underwrite its most toxic assets. The investment banking division, the most attractive remaining asset, would then be sold — and Barclays quickly emerged as the leading candidate to buy the business, but, as this exclusive extract reveals, the Financial Services...
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- News Source: Times Online | 27 days agoAccording to an exclusive extract from Andrew Ross Sorkin’s new book, Too Big To Fail: Inside the Battle to Save Wall Street , published in The Times today, Mr Paulson told bankers that the Chancellor had “grin-f******” the US after London...
- News Source: Times Online | 27 days agoTheir plan was for other banks to underwrite its most toxic assets. The investment banking division, the most attractive remaining asset, would then be sold — and Barclays quickly emerged as the leading candidate to buy the business, but, as this...
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