Latest fromWall St Meltdown

Wall St bankers 'lied over and over again'
A jury has begun deciding the fate of the two Bear Stearns managers whose hedge funds imploded in 2007, marking the start of the financial crisis.

$250 million: What our Govt borrows a week
The Government needs to borrow $250 million a week after the havoc wreaked by the recession on its books.

Reserve Bank eases back on crisis measures
The Reserve Bank has withdrawn several temporary crisis measures put in place last year to help ensure day-to-day liquidity.

Recovery may be slow and jobless: KPMG exec
The global economy will take at least another year to get back on its feet, with no guarantees of more jobs, says KPMG.

NZ saved from major financial damage - Reserve Bank
New Zealand escaped major damage during the recent global financial crisis, says the Reserve Bank in its Annual Report.

Fed fears grow over banks' commercial property loans
The Federal Reserve is beefing up its examination of US banks, fearing that profligate lending to commercial property developers could ultimately prove as damaging to the financial system as the subprime mortgage debacle.

G20 takes on banks and bonuses
Group of 20 leaders have charted a shared path towards a more stable banking system and a stronger global economy.