Step One: Don't ask questions. Step Two: Wire $100 million to outside bank account. Step Three: Repeat as necessary. Sixty Minutes ran a terrific segment about Marc Dreier yesterday. He masterminded a Ponzi Scheme that totaled $400 million and...
I’ve been thinking about the “Giving Pledge,” a campaign championed by Bill Gates and Warren Buffett. They're asking fellow members of the uber rich to pledge 50+ percent of their fortunes to charities—more money to philanthropy and less to...
I'm here editing The Gods of Greenwich and thinking about 2008, which is the year my story takes place. So in the current theme of light summer reading on Acrimoney, here is a snippet from Chapter Thirty-Five. The paragraph is based on something that really...
There's plenty to discuss from the headlines these days. But this summer I've been buried with edits to my next novel, The Gods of Greenwich. And I'm staring at a few deadlines now. With this post, however, I'd like to take you back to the summer...
Yesterday, Goldman Sachs settled fraud charges associated with Abacus CDOs for $550 million. Not surprisingly, the settlement excluded Fabrice P. Tourre, who will no doubt be hung out to dry as the Tourre de Toxic winds to a close. Personally, I think the government...
I just returned from Thrillerfest. It's a convention held every year in NYC for published authors and aspiring novelists. My head wasn't in the markets over the weekend, so I hope you will forgive this temporary digression. Andy Warhol is on my mind,...
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.