The honest man becomes committed to the crook before he knows there is anything wrong. Last week I used this quote from J.K. Galbraith, the storied Harvard economist, during a joint presentation that Lisa Dane and I made on Martha’s Vineyard. Lisa is a Senior Managing...
Hint: Lose The Jargon About Fiduciaries Congress and the usual suspects, according to The New York Times, are debating legislation that requires stockbrokers to act in their customers’ best interests. Excuse me? These laws don’t exist? At issue are legal standards:...
There’s an expression in finance, “the axe on the street.” It means the firm, or the person, with the best information about a company or the way a security trades. When it comes to FINRA, the axe on the street is Larry Doyle over at Sense on Cents....
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.