I just returned from Nino’s in Manhattan, where the authors of The Club No One Wanted to Join gathered to discuss their book. They are a group of twenty-nine investors in Madoff’s Ponzi scheme. Their book describes the change in their lives since the...
The Club No One Wanted To Join-Madoff Victims In Their Own Words Twenty-nine Madoff victims have banded together to tell their stories. Their book is appropriately entitled: The Club No Wanted to Join—Madoff Victims in Their Own Words. My copy has not shipped yet. So...
Just when it looked like Ponzi schemes had run their course—for the time being—we learned of another. The Daily Beast reported: Sorry, former President Clinton: It’s not that Ken Starr. A financial adviser with the same name as Clinton’s former nemesis was arrested on...
Ratings Emails Show Concerns at Rating Firms Over Goldman’s Abacus Deals The dead bodies keep surfacing. It’s now clear the ratings agencies, who were paid for impartial evaluations of Goldman’s Abacus and other CDO deals, had serious qualms. Here...
SEC Charges Goldman With Fraud Here’s what The Wall Street Journal reports: According to the SEC, Goldman Sachs failed to disclose to investors vital information about the CDO, in particular the role that a major hedge fund played in the portfolio selection...
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.
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.