Kirkus Reviews and The Trust

Kirkus Reviews just released its review of The Trust. Here’s what they had to say:   Mommas, don’t let your sons grow up to be Manhattan brokers or board members of charitable foundations. They’d never survive the combination of criminal plots and personal...

Morgan Stanley and Dead Presidents

U.S. Probes Morgan Stanley The news is out. US prosecutors are investigating several Morgan Stanley CDOs. Like the Abacus inquiry at Goldman Sachs, the issue is what representations Morgan Stanley made to clients. How did the bank market those Weapons of Money...

How Big is Too Big to Fail?

Over the past few days, I’ve spent way too much time inside planes and rental cars. And during my travels, I’ve been thinking about one idiom, the one we keep hearing when Washington discusses Wall Street: “too big to fail.” Do we know what it...