How an obscure Australian judge and a hard-charging lawyer put the S&P on trial for the global financial collapse.
Tag: Financial Crash
Frank Firetti, a 54-year-old pool salesman in Virginia, and his fading American dream.
JPMorgan Chase’s $6 billion mistake and the woman who took the fall.
An assessment of the former Secretary of the Treasury.
"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. "
How Wall Street thoroughly dominated Obama’s economic policy.
“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.’”
The infuriating tale of Muncie, Indiana: When public institutions fail.
On Michael Lewis and the global financial crisis.Previously: The Michael Lewis World Tour of Economic Collapse