Revolving door: Capitol Hill to hedge funds Check out today’s post on Politico. The author asserts that financial reform is uneven, that pending Congressional legislation has modest impact on hedge funds. Wall Street has taken its lumps in Washington recently...
What happens when it’s insanely profitable to lose money? Huh? Last Friday, ProPublica described how one hedge fund—Magnetar—invested in the toxic waste from sub-prime mortgages no one wanted. And it made wads of money. The story is long but well worth your...
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.