Weighing In: The Big Short
I just finished Michael Lewis’ wonderful book The Big Short. In it, Lewis recasts the financial crisis as a tale of heroism, where three rogue investors peer through the fog of moral recklessness and embarrassing incompetence that...
Does buying gold make you a bad person? (Markets Overview)
There’s been a lot of volatility in the markets since April; investors and economists are nervous about an impending “double dip” that will send America and the world into another economic gloom. In my opinion, President Obama should...
How a finance internship changes your politics
Your first day at the bank and you’re kind of nervous. After all, your concentration in anthropology and Vault Guide readings might not have provided you with...
Don’t blame BP
I’ve been following the BP oil spill situation with some interest, and I think that America has gotten it all wrong. The anti-corporation, anti-business sentiment...
The Dangers of Direct Democracy
In Federalist No. 63, James Madison wrote that the defining principle of American democracy, as compared to Athenian democracy, “lies in the total exclusion of...
House Democrats Vote to Raise Taxes
Just before its Memorial Day recess, the House passed a bill that, according to The New York Times, would raise the taxes that investment managers pay on...
Revenge of the Wall St. Nerds
An exposé of the math guys who broke the economy The quants: how a new breed of math whizzes conquered Wall Street and nearly destroyed it,...
Scandals: Three-for-One Sale!
It’s scandal day in the world of politics. First, Sue Lowden, the front-runner in the Nevada Republican primary, looking to replace Harry Reid, seems to have...
Absolutely Not Fabulous
Goldman Sachs has been making headlines (again) after charges were filed by the SEC alleging that the company sold a financial product whose components were decided...
The challenges of anonymity in public, political discourse
Obama and Democrats in Congress had a new proposal last week: require groups making public statement to show their face with their messages, reported the New York...

