I believe in financial reform. Let’s lose synthetic CDOs, credit default swaps, and other Weapons of Money Destruction. Let’s cut the leverage and focus on systemic risks to our economic order. But let’s be smart. In the wake of last Thursday, it...
Last Thursday the Dow lost almost 1,000 points in less than ten minutes. Then, the markets rebounded something fierce. Here’s a guy calling action in the pits. Watch the right corner of the screen as the market slumps: May 6, 2010 S&P Call: Ben Lichtenstein...
On Thursday, March 18, I’m speaking in Amsterdam at a conference hosted by NRC Focus. The topic is “trust,” and here’s what the magazine writes: Trust is essential for markets to function properly. In a ‘high trust society’ like the...
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.