Hedge Funds Try ‘Career Trade’ Against Euro Here’s the deal. Hedge funds are betting the Euro will crash against major currencies. The “short-Euro” trade, however lucrative to the gods of Greenwich, raises three scary questions with one...
Wall St.’s Biggest Bonuses Go to Not-So-Big Names Last Friday the season finale aired to Bonus Watch. Here’s the deal. Jamie Dimon gets $17 million for presiding over JP Morgan’s bungee-jump rebound during 2009. Lloyd Blankfein gets $9 million for doing “God’s work”...
“If you really want to hear about it, the first thing you’ll probably want to know is who made all the lousy decisions leading up to the banking disaster of 2008, and how the government was out to lunch during the entire bailout, and all that Neil Barofsky...
“Eliot Spitzer Avoids Talk of Hookers in Harvard Ethics Speech” There he was again, Eliot Spitzer—fierce and steely-eyed, unflappable, his double-barreled chin cocked and loaded. The ex-governor lectured at Harvard last week. He discussed ethics, and the...
Norb Vonnegut
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.