AKA Grover on Goldman Grover here. In honor of Sesame Street’s 40th birthday, Norb Vonnegut asked me to blog today as Acrimoney’s special guest. No, I’m not the fuzzy-faced puppet with blue fur and and a pink nose. I’m the hero of Top Producer,...
The Death of Insider Trading II On Thursday, prosecutors charged fourteen more people with insider trading. The defendants all have links back to Galleon, in a corrupt web growing broader by the day. Acrimoney pays especially close attention to behavior on Wall Street...
There’s plenty to discuss in the financial headlines these days. In my post, CEO Overboard, I explored the mindset behind insider trading. Why do wildly successful people take chances, risk public humiliation and time in the big house, when they already have so...
Andy Kessler recently published a terrific opinion piece, entitled Galleon and the Trouble With Insider Trading. He suggested that it’s impossible for investors to get a short-term trading edge. It’s better to make long-term investments based on...
Madoff and Galleon—the two scandals are unrelated. But together, they raise an important question: Who stole the security from the Securities and Exchange Commission? According to The New York Times, the feds linked Galleon’s founder to inside trading more than...
It’s that time of year. Costume shops are jamming as folks hunt for outfits. Twitter is buzzing with “trick or tweets” about Halloween. On Saturday little goblins will sweep through neighborhoods and fill their bags with time bombs for the waist...
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.