Interserve illustrates how the beneficiaries of shareholder value driven strategies are not necessarily shareholders, but boardroom elites and their intermediary helpers.
'CDOs’ were widely blamed for fuelling the financial crisis. Now similar instruments called 'CLOs' are in the ascendance. Is it time to start worrying?
The prosperous South East can no longer afford to subsidise the rest of the United Kingdom. Or so runs the conventional wisdom. The facts, on the other hand, are rushing headlong in the opposite direction.