OK, now that we have the demise of Lehman, Merrill and AIG, and with HBOS teetering on the brink (and remembering that we don’t do anniversaries here), let it be noted that it’s just over a year since Northern Rock collapsed, and it’s also a year to the day since I coined the phrase “Magoo [...]

A friend sent me this story, which has Nassim eating dim sum somewhere in London with Bloomberg.
For those who did not think my own coverage (almost a year ago now) contained enough finance, this more than makes up for it. But then, I think we now know that bad things happen big time in [...]

A physical resemblance between Mr Magoo and Alan Greenspan has been noted. But does the likeness extend further?
In a spirit of counterfactual journalism — inspired by the Niall Ferguson school of history — the Knackered Hack would like to invite readers to comment on what would have happened to the economy and business if [...]

I can’t resist ploughing the same northern, rocky furrow two posts in a row. The beleaguered mortgage bank’s wipe-out in the credit crunch has called to mind one of my favourite cartoon characters, Mr Quincy Magoo. Northern Rock CEO Adam Applegarth again appeared on serious radio this morning to reiterate that nothing was [...]