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Book Review: Money and Power – How Goldman Sachs Came To Rule The World
The book cover – featuring a view of planet Earth presumably from a heavenly vantage point – offers the first hint that William D. Cohan’s plan here is not critical thinking but rather hyperbolic...
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When Geithner Goes to Goldman
Just an FYI: I plan to walk out my front door to punch the neighbor’s cat in the face, toward the end of this year, when US Treasury Secretary Geithner finally announces he’s joining Goldman, Sachs...
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In Praise of SIGTARP Part II – We blew it on the repayment of TARP funds by...
See related post In Praise of SIGTARP Part I here We are now at the four year mark on the deepest part of the Great Credit Crunch and Great Recession, so I’m moved to ask: When it comes to avoiding the...
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Book Review: Black Swan – The Impact Of The Highly Improbable
The “Black Swan,” of Nicholas Nassim Taleb’s title, describes an event that occurs completely outside expectations, has an enormous impact on future developments, and can be explained only in hindsight...
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Busting the Rating Agency
Yo everybody 5-0! 5-0! The cops are here! The US Justice Department filed a lawsuit yesterday against Standard & Poors, for its role in over-rating mortgage bonds, CDOs, and other securities in...
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