Economist John Kenneth Galbraith has written many words we should all read, but one in particular is proving especially relevant as cracks in the credit markets continue to spread. That word is bezzle ...

KAI VIGELAND: The reach of the Madoff scandal is so vast that today the FBI set up a special hotline for investors who think they’re among the victims. The agency may want to keep that line open even ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. If every day is an opportunity to learn something, earlier ...

Paul Harris, third of the founding FirstRand (JSE:FSR) Musketeers to be running the giant financial services group, reckons SA doomsday prophets have been ignoring the reality of “Bezzle” – ...

For those of us who have resisted the urge to invest any financial or intellectual capital in bitcoins, the collapse of Mt. Gox, the largest trading platform for investors in the virtual currency, can ...

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has ...

Activist, author and journalist Cory Doctorow coined "enshittification," the American Dialect Society's 2023 Word of the Year, describing how platforms decay and why they're all collapsing at once. In ...

CAN it get any worse for Britain’s banks? Well, yes. Much, much worse. Not only is Barclays merely the first firm to settle when it comes to the despicable Libor scandal – others are also being ...