The Big Short by Michael Lewis is a Must-Read

I just watched the 60 Minutes segment on Michael Lewis and his new book, “The Big Short.” He had some terrific sound bites including my favorite about AIG: “…they didn’t know the mistake they were making.” Here’s one reason...

Would You Spend 40 Months in Prison for $550 Million?

U.S. Is Said to Consider Easing Informant’s Term Bradley C. Birkendfeld is scheduled to start a 40-month prison sentence on Friday, January 6. He’s the banker who exposed UBS’ illegal activities and is now claiming a 30 percent whistleblower’s...

What the Hell is "God's Work," Mr. Spitzer?

New York’s Resolutions This morning, The New York Times reported New Year’s resolutions from a few prominent New Yorkers. Here’s what Eliot Spitzer had to say: I would love to see investment bankers actually do God’s work. Do we have any idea what...

What the Hell is “God’s Work,” Mr. Spitzer?

New York’s Resolutions This morning, The New York Times reported New Year’s resolutions from a few prominent New Yorkers. Here’s what Eliot Spitzer had to say: I would love to see investment bankers actually do God’s work. Do we have any idea what...

What Slang Should We Ban During 2010?

aka Survivor Jargon Tweets, sexting “unfriended” in U.S. banned word list I just saw Lake Superior State University’s (“LSSU”) 35th annual list of words or expressions that should be banned. The committee attacks slang sweeping through...