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A wave of legal and regulatory woes wrecked JPMorgan’s third-quarter results, pushing the bank into something it managed to avoid throughout the financial crisis, a quarterly loss.

The City Diary: The Midas – or Maddison – touch

Slackbelly exposes The good, the bad and the ugly of the square mile

The day the King of Bears saw his house fall down

Former boss of Bear Stearns blames market rumours for the collapse of the US investment bank in 2008

Think oblique: How our goals are best reached indirectly

In business, in mountaineering and even in the pursuit of happiness, the most direct route isn't always best. Economist John Kay makes the case for obliquity

Stephen Foley: Panicky new rules that miss the point

US Outlook: Forcing derivatives trading on to exchanges will bring transparency and cut counter-party risk

Joss Garman: Climate change deniers cost the earth

Hardliners around the English-speaking world who ignore the evidence for global warming will pay a heavy political price

Bear Stearns fund managers found not guilty

In a huge setback for government prosecutors, a jury in New York City last night acquitted two former hedge-fund managers with Bear Stearns of lying to clients about the safety of their money even when they themselves allegedly saw disaster around the corner because of the imploding sub-prime mortgage market.

Business Diary: Former Bear boss busts out at poker

It seems that Steven Begleiter is rather better at casinos than he was at casino capitalism. The former Bear Stearns head of corporate strategy came within an ace (literally) of a shot at the $22m first prize of the World Series of Poker in Las Vegas.

Jury ponders fate of Bear Stearns duo in first credit crunch trial

Managers accused of fraud over collapse of hedge funds that heralded meltdown

Growth figures dash hopes of Britain coming out of recession

Across Europe, the recovery is under way. But we are stuck in the longest downturn since 1945. Sean O'Grady explains why

Bear Stearns pair were 'trying to do their best,' court told

The Bear Stearns hedge fund managers accused of defrauding investors are innocent of the charges, a defence lawyer told a New York jury, because "no one can lie about the future".

The e-mails: 'I've washed a 30-year career down the drain'

According to the indictment against them, Ralph Cioffi and Matthew Tannin, with others, "agreed to make misrepresentations [about the health of their funds] in the ultimately futile hope that the funds' bleak prospects would change". The core of the evidence against them is contained in emails, diary entries and recordings of conference calls.

The people vs Wall Street

Bear Stearns bankers on trial in first criminal case of the credit crunch

Emails hold key to trial of Bear Stearns' former fund managers

Wall Street financiers to face jury over alleged securities and wire fraud

Stephen Foley: Years of court cases ahead for Wall Street

US Outlook: The sub-prime mortgage market is "toast". My mortgage company's products are "poison". The derivatives we've just offloaded to a client are "vomit". These are from internal emails across Wall Street as the credit market boom began to turn to bust (from Bear Stearns, Countrywide and UBS, respectively), and they have turned up in the first court cases in what looks set to be years of litigation and prosecutions.

Executive Excesses: In another world

The executive excesses uncovered by the end of the long boom initially incited just employee and shareholder anger. They have now given rise to public fury. Stephen Foley reports
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Armstrong, left, and Bain's writing credits include Peep Show, Fresh Meat, and The Old Guys
TVThe pair have presented their view of 21st-century foibles in shows such as Peep Show and Fresh Meat
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Keys to success: Andrew and Julian Lloyd Webber
arts + entsMrs Bach had too many kids to write the great man's music, says Julian Lloyd Webber
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footballMan City manager would have loved to have signed Argentine
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Hand out press photograph/film still from the movie Mad Max Fury Road (Downloaded from the Warner Bro's media site/Jasin Boland/© 2014 Warner Bros. Entertainment Inc.)
films'You have to try everything and it’s all a process of elimination, but ultimately you find your path'
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Imelda Staunton as Dolores Umbridge in the Harry Potter films
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New essay by JK Rowling went live on Pottermore site on Friday

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Top Gear presenter is no stranger to foot-in-mouth controversy

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Russia Today’s new UK channel began broadcasting yesterday. Discussions so far have included why Britons see Russia as ‘the bad guy’
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New UK station Russia Today gives a very bizarre view of Britain

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Bryan Adams' heartstopping images of wounded British soldiers to go on show at Somerset House

Bryan Adams' images of wounded soldiers

Taken over the course of four years, Adams' portraits are an astonishing document of the aftermath of war
The drugs revolution starts now as MPs agree its high time for change

The drugs revolution starts now as MPs agree its high time for change

Commons debate highlights growing cross-party consensus on softening UK drugs legislation, unchanged for 43 years
The camera is turned on tabloid editors in Richard Peppiatt's 'One Rogue Reporter'

Gotcha! The camera is turned on tabloid editors

Hugh Grant says Richard Peppiatt's 'One Rogue Reporter' documentary will highlight issues raised by Leveson
Fall of the Berlin Wall: It was thanks to Mikhail Gorbachev that this symbol of division fell

Fall of the Berlin Wall

It was thanks to Gorbachev that this symbol of division fell
Halloween 2014: What makes Ouija boards, demon dolls, and evil clowns so frightening?

What makes ouija boards and demon dolls scary?

Ouija boards, demon dolls, evil children and clowns are all classic tropes of horror, and this year’s Halloween releases feature them all. What makes them so frightening, decade after decade?
A safari in modern Britain: Rose Rouse reveals how her four-year tour of Harlesden taught her as much about the UK as it did about NW10

Rose Rouse's safari in modern Britain

Rouse decided to walk and talk with as many different people as possible in her neighbourhood of Harlesden and her experiences have been published in a new book
Welcome to my world of no smell and odd tastes: How a bike accident left one woman living with unwanted food mash-ups

'My world of no smell and odd tastes'

A head injury from a bicycle accident had the surprising effect of robbing Nell Frizzell of two of her senses

Matt Parker is proud of his square roots

The "stand-up mathematician" is using comedy nights to preach maths to big audiences
Paul Scholes column: Beating Manchester City is vital part of life at Manchester United. This is first major test for Luke Shaw, Angel Di Maria and Radamel Falcao – it’s not a game to lose

Paul Scholes column

Beating City is vital part of life at United. This is first major test for Shaw, Di Maria and Falcao – it’s not a game to lose
Frank Warren: Call me an old git, but I just can't see that there's a place for women’s boxing

Frank Warren column

Call me an old git, but I just can't see that there's a place for women’s boxing
Adrian Heath interview: Former Everton striker prepares his Orlando City side for the MLS - and having Kaka in the dressing room

Adrian Heath's American dream...

Former Everton striker prepares his Orlando City side for the MLS - and having Kaka in the dressing room
Simon Hart: Manchester City will rise again but they need to change their attitude

Manchester City will rise again but they need to change their attitude

Manuel Pellegrini’s side are too good to fail and derby allows them to start again, says Simon Hart
Isis in Syria: A general reveals the lack of communication with the US - and his country's awkward relationship with their allies-by-default

A Syrian general speaks

A senior officer of Bashar al-Assad’s regime talks to Robert Fisk about his army’s brutal struggle with Isis, in a dirty war whose challenges include widespread atrocities