…the Facebook I.P.O. was, indeed, a disaster. For starters, there was only the tiniest initial bump, so the Wall Street speculators did not make their…
Corporate CounselFor Starters, Reinstate Glass-SteagallNew York TimesPreventing blow-ups like the JPMorgan “hedge” that bears no resemblance to any known hedge isn't difficult. What makes preventing it difficult is that banks that exist only by…
We wanted to see the recovery that everyone else claimed to see, we really did, but we were never able to make out its image, no matter how hard we squinted. Blame us for a lack of imagination.
Most of the folks on Wall Street insist they see plent…
It is so rare that I thought I would state it. It’s only partially a bearish call: I dumped some KFT, MO, and PM. The tobacco put my older son through college so I cannot complain. I have some big expenses (a new Toyota Highlander for She Who Must Be O…
