Tag: Wall Street

74 articles

Stock Manipulator, S.E.C. Nemesis—and 15

Using several email addresses and a lot of exclamation points, teenager Jonathan Lebed worked finance message boards in the morning before school and made almost a million bucks. Then he made the head of the S.E.C. look like a fool.


Oil Is the Cheap Date From Hell

On the parasitic relationship between oil and the stock market.


Betting on the Blind Side

Sitting alone in his San Jose office, Michael Burry saw the bubble in the subprime-mortgage market before anyone else. So he convinced Wall Street to let him bet on it, even though few were betting on him. The article that became The Big Short.


Inside Job

How Raj Rajaratnam and a McKinsey chairman made millions off a maid.


The Trader in the Wild

Kate Matrosova was a classic overachiever and, at 32, had everything to live for. Still she set out alone into the mountains of New Hampshire—and a deadly storm.


How an Undocumented Immigrant From Mexico Became a Star at Goldman Sachs

Even for a high-powered “A-Type,” living on forged documentation is an endurance test.


California Goes Nuts

It takes a gallon of water to grow a single almond. Yet in drought-ravaged California, hedge funds are racing to plant as many new trees as they can.


The $9 Billion Witness

The central witness in “one of the biggest cases of white-collar crime in American history” speaks out.


Inside the New York Fed: Secret Recordings and a Culture Clash

When Carmen Segarra was hired to examine Goldman Sachs for the New York Fed, she bought a small recorder and began taping her meetings. Here is what she found before she was fired.

Listen to the radio version of this story from This American Life.


The Hedge Fund and the Despot

The Wall Street firm that bailed out Robert Mugabe.


The $13 Billion Mystery Angels

The hedge funders who tried to give away a fortune anonymously.


The Wolf Hunters of Wall Street

How Brad Katsuyama, a trader at the sleepy Royal Bank of Canada, discovered that the stock market was rigged and assembled a team to change it.

Adapted from Flash Boys: A Wall Street Revolt.