Financial Crash

52 articles
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The Smartest Girls in the Room

How an obscure Australian judge and a hard-charging lawyer put the S&P on trial for the global financial collapse.

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Life of a Salesman

Frank Firetti, a 54-year-old pool salesman in Virginia, and his fading American dream.

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How Ina Drew Got Swallowed by the London Whale

JPMorgan Chase’s $6 billion mistake and the woman who took the fall.

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Rethinking Robert Rubin

An assessment of the former Secretary of the Treasury.

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Alan Greenspan on His Fed Legacy and the Economy

"Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit. In the midst of a conversation, she said to me, “Do I understand the thrust of your position? You are not certain you exist?” I hesitated a moment, and I said, “I can’t be sure.” And she then said to me, “And who, by chance, is answering that question?” With that little exchange, she undermined the philosophical structure I had built for myself. "
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Getting Away with It

How Wall Street thoroughly dominated Obama’s economic policy.

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The Last Days of MF Global

“Jon Corzine had never had anything to do with the futures business, had never run a public company, and hadn’t worked on Wall Street for a decade. His time there had ended badly. But by any reasonable standard, the former Goldman chief seemed almost embarrassingly overqualified. Says Flowers: ‘It seemed like we had more CEO than company.’”

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In Nothing We Trust

The infuriating tale of Muncie, Indiana: When public institutions fail.

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Housed

A fiction writer buys and loses a house in Oakland.

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Letter from Dublin

A pub’s-eye view of Ireland’s recent run of leaders.

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How We Were All Misled

On Michael Lewis and the global financial crisis.

Previously: The Michael Lewis World Tour of Economic Collapse
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The Kids Are Actually Sort of Alright

On 20-somethings in America, or:

My screwed, coddled, self-absorbed, mocked, surprisingly resilient generation.