from Edward Hadas:

My career in the financial jungle

By Edward Hadas
November 6, 2014

I was unceremoniously kicked out of my last job in finance early in 2004. It was a career turning point for me after 24 years as an equity analyst at eight firms – brokers and investment managers – in both the United States and Europe. I took shelter in financial journalism. Much has changed in the money business since then. But reading about the behaviour that has led to a litany of huge fines, I fear that too much remained the same, at least until very recently.

from Edward Hadas:

Greed, justice and deception

By Edward Hadas
December 19, 2012

Greed contributes to all the economic and financial woes of prosperous societies. The United States and other rich countries produce much more than is needed to support all of their people in comfort, so if desires were all truly modest, there would be few problems. Greed encourages people to decide that their own share is too small. Greed influences the popular desire for GDP growth (more, faster), financial gains (higher house prices as a human right) and total economic security (guaranteed pension, come what may). Voters’ greed encourages governments to spend more and tax less.

U.S. legal win could help Islamic finance counter sharia concerns

By Reuters Staff
January 18, 2011

bankislamA U.S. court decision to dismiss a case alleging that AIG’s (AIG.N) sharia-compliant businesses promoted religious doctrine looks likely to boost confidence in the industry and lift sales of Islamic products in the longer term.

from Reuters Investigates:

Let’s be ethical, economists say

January 3, 2011

Last month's special report “For some professors, disclosure is academic” has been making waves in the academic world, as this story shows: