Honda F1 Withdrawal – 2008-2009

From the early 1990s Honda pursued high-profile success in the premier international motor-racing series, supplying engines to established teams in The Formula One World Championship with some success. But the mighty Japanese car maker eventually decided to ditch partnership deals and go solo, forming the British-based Honda team that performed well in 2006, though two …

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Societe Generale Trading Loss – 2008

The world now knows to its cost that the great investment banks lost all sense of disciplined prudence as they greedily grabbed glittering profits in deregulated markets. By developing ever-more sophisticated and complex financial instruments, sharp traders were able to make massive gains for their employers and earn huge cash bonuses themselves. But these flawed …

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