I just watched the 60 Minutes segment on Michael Lewis and his new book, “The Big Short.” He had some terrific sound bites including my favorite about AIG: “…they didn’t know the mistake they were making.” Here’s one reason...
Who needs TARP to bail out financial institutions? Your local supermarket carries a retail version at the checkout counter. We know the program as “gift cards.” Last week while I was grocery shopping, the gift-card display piqued my curiosity. So I took a...
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”...
Greek Crisis: EU Leaders Reach Deal Over Debt In a spontaneous display of euphoria, Greek citizens took to the streets minutes after Eurozone nations agreed to bail out their country. Here is groundbreaking footage direct from Athens: Norb Vonnegut
“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...
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.