First, we read that savvy investors were paying 20 cents on the dollar to Madoff victims for their claims. Quickly, inexorably, not surprisingly—investor bids ticked up to 25 and 30 cents. Then, we read that Jeffry Picower's widow settled with the...
First, we read that savvy investors were paying 20 cents on the dollar to Madoff victims for their claims. Quickly, inexorably, not surprisingly—investor bids ticked up to 25 and 30 cents. Then, we read that Jeffry Picower's widow settled with...
After returning from three strip malls, Phoebe Jenkins kicked off her shoes first thing. Right there in front of the kitchen sink. She was exhausted from the holiday crowds—all the pushing and shoving, the occasional hip check or two. Her swollen dogs were...
It’s Worst Case Wednesday. And here’s the advice column I promised last week. Consider the following scenario: You’re at your desk, drinking $5 Starbucks and listening to the morning call. Three burly guys—Mack Truck faces—appear from nowhere on the...
(By a Leading Hedge Fund in Greenwich, CT) Times are tough. So to help out, I’m running the following job description submitted by a headhunter from Manhattan. This is an unpaid advertisement, which I’m featuring as a service to my readers. Job Ref. MN...
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.