Category: people

The New York Times: WaMu’s retail mortgage office in Downey, Calif., specialized in selling option ARMs to Latino customers who spoke little English and depende...

Juan Williams gets on the mic. His pitch rises. He begins by invoking the incoming president then picks up steam, listing parties looking to exploit the financi...

Paul Krugman: In recent years the finance sector accounted for 8 percent of America’s G.D.P., up from less than 5 percent a generation earlier. If that extra 3 ...

Markets need trust as much as they do liquidity. If Bush and Cheney aren’t perceived as being clean, how much confidence can investors have in their refor...

The U.S. Senate is the most powerful legislative body in the nation if the not the world. One hundred American senators are entrusted with protecting and advanc...

Michael Lewis from the same piece as the previous quote: And if the law ever declared formally that Jonathan Lebed didn’t break it, the S.E.C. would be fa...

Jonathan Lebed, age 14, circa 2000: ”People who trade stocks, trade based on what they feel will move and they can trade for profit. Nobody makes investme...

I just heard a memory from 20 years ago: a gymnasium filled with teenage boys chanting “Regis! Regis! Regis!” for the home team.

The BBC: “US chemical firm Dow Chemical will cut 5,000 jobs and close 20 plants in an attempt to cut costs. maintain recent profit margins.”

A “studio account executive” at an LA DWR published his distribution list today. Here’s one look at the 435 recipients: That sure is a lot of ...

I couldn’t figure out why this BBC News story about a Russian art bubble bursting was so downbeat but then I realized the author, Marina Denysenko, was tr...

The marketing team behind this Thanksgiving Day parade stunt are geniuses.

A few weeks ago I was thinking about performance: the simulation of the last 25 or so years versus the execution needed for us to survive the 21st century and p...

no structure, no gain: Normally, a big bank would never allow the word of just one executive to carry so much weight. Instead, it would have its risk managers a...

I didn’t know this but, also, I always knew it: New York City is the densest city in America. San Francisco is next.

is the name of the artist whose work i – and, likely, tens of thousands of other Los Angelenos – have been enjoying for the last two years. without knowing his ...