Here’s another one for my reading list: The Zeroes by Randall Lane. I discovered the book yesterday while reading his post on The Daily Beast. In case you missed it, here’s a snippet of what he had to say about Jim Cramer’s endorsement of Lenny...
I just returned from Nino’s in Manhattan, where the authors of The Club No One Wanted to Join gathered to discuss their book. They are a group of twenty-nine investors in Madoff’s Ponzi scheme. Their book describes the change in their lives since the...
The Club No One Wanted To Join-Madoff Victims In Their Own Words Twenty-nine Madoff victims have banded together to tell their stories. Their book is appropriately entitled: The Club No Wanted to Join—Madoff Victims in Their Own Words. My copy has not shipped yet. So...
Just when it looked like Ponzi schemes had run their course—for the time being—we learned of another. The Daily Beast reported: Sorry, former President Clinton: It’s not that Ken Starr. A financial adviser with the same name as Clinton’s former nemesis was arrested on...
Recently, I described financial reform as a “petri dish” of pending legislation. The government is tackling too many issues at the same time. Without constants—we don’t know how markets will react to all the moving pieces. It gets worse. Last...
In today’s New York Times, Andrew Sorkin describes the sweetheart taxes for hedge-fund and private-equity partners as follows: General partners at private equity funds, who take a cut of the investment gains they earn for their investors in the form of “carried...
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.