Philip Chua Business Blog

Posts Tagged ‘financial crisis’

THE financial crisis put the squeeze on executive pay last year, with almost half of the top brass at Singapore's leading firms having their salaries frozen or even cut. A survey has found that 44 per cent of chief executives, chief financial officers and business unit heads saw their salaries staying flat or falling last year, compared with 23 per cent of executives in the 2008 financial year. ... more

The Federal Reserve will soon begin testing a new tool to soak up vast sums of money it injected into the economy to stem the financial crisis.



Federal Reserve System - Financial crisis - Central bank - Federal Reserve - Finance

The gut-wrenching stock market plunge Thursday reflected growing worries about a widening financial crisis in Europe spinning out of control.

(SINGAPORE) Last year’s stock market was not for the faint-hearted. As share prices threatened to hit new lows in the early months, investors pulled out and prayed silently for the financial crisis to end.
It was not a good time to be trumpeting ‘buy’ calls, as some analysts found out. They needed not just strong nerves to go against the bearish tide, but also solid numbers to convince investors. … more

Gary Gensler, head of the Commodity Futures Trading Commission, is the leading contender to oversee the instruments that played a key role in the financial crisis.

Three years into the financial crisis, why haven’t complex derivatives been reined in?