Caroline Mason, chief operating officer Charity Bank

Caroline Mason, chief operating officer of Charity Bank, and co-founder of Investing for Good. Photograph: Frank Baron for the Guardian Superheroes sparked Caroline Mason’s conversion from career banker to champion of social investment. As the chief operating officer of Charity Bank, she now spends her time convincing people to put their money to good use, [...]

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Burger King sold for £2.6bn

Burger King has been sold for the second time in its 55-year history. Photograph: Alex Segre/Alamy Burger King has been sold to private equity firm 3G Capital in a deal worth bn (£2.6bn). The -a-share agreement is 46% more than Burger King shares closed at on 31 August, the day before rumours of a deal [...]

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Ben Bernanke quizzed by financial crisis inquiry panel – LIVE

Federal Reserve chairman Ben Bernanke led the US economy through most severe recession since the 1930s. Photograph: Toby Melville/Reuters 2.47pm: How was Lehman Brothers’ failure different from AIG, which was bailed out by the government? The question is asked by panel vice-chairman Bill Thomas. Bernanke says there was a “fundamental difference” – while Lehman lacked [...]

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Defiant Dick Fuld blames false rumours and the Fed for collapse of Lehma

Former Lehman chief executive Dick Fuld at the Financial Crisis Inquiry Commission hearing today. Photograph: Carolyn Kaster/AP Former Lehman Brothers boss Dick Fuld delivered a defiant defence of his management of the defunct Wall Street bank today, telling an official inquiry that the firm’s 2008 bankruptcy was down to false rumours about a solvency crisis, [...]

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US financial crisis panel grills Lehman boss Dick Fuld – LIVE

Richard Fuld at an earlier hearing in Washington. Photograph: Susan Walsh/AP 4.47pm: Since Lehman’s demise, Fuld has kept an ultra-low profile. Fortune magazine’s William Cohan recently provided a good round-up of what Fuld’s been up to. Cohan quotes sources who say Fuld has been through the “denial and mea culpa” stages over Lehman’s implosion and [...]

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