Why Didn't the Enforcers Enforce?
Why would the government, charged with prosecuting white collar criminals who exploit our sacred financial institutions, fail so egregiously to pursue them with aggression and verve?
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Boys Gone Wild: The Mine's Bigger Than Yours Market
It's bad for business when men's worries and insecurities impair their common sense. We need to free certain work cultures from masculine bravado, namely business and finance. We need co-ed common sense.
Five Reasons Martha Stewart Can Take On Sarah Palin
My favorite recovering felon, Martha Stewart, was asked her thoughts on our most recent political pin-up girl Sarah Palin. I wasn't surprised that Martha didn't pull any punches.
Neiman Marcus Goes Budget
The extravagant offerings in Neiman Marcus' 83rd annual catalog do not disappoint. Restrictions and exclusions apply to Goldman Sachs employees and anyone named Madoff.
What Are You Thankful for?
I am thankful that Wall Street is still a festering sump pump of illogic, hubris and greed, and will continue to provide me with plenty to write about for the foreseeable future.
Imagining a Post-Bernie Madoff New York City
There is no other organization in the city that covers as much ground as the Philoctetes Center. But it was gutted by Bernard Madoff, and its days are now numbered unless it gets a helping hand.
Absolute Corruption Is the Rule in America
Often, people will look at a high-profile example of corruption, and conclude that the egregious act is an exception to the rule. In reality, it might be the tip of the iceberg.
The Smartest Guy in the Room
Shock waves from Judge Jed Rakoff's scathing denunciation of a proposed settlement between the SEC and the Bank of America are still rippling through Wall Street and Washington.
An Accidental Lesson in Responsibility
The truth is the future of our society lies in the apathetic hands of my generation and the one below. And quite honestly that frightens me.
Celebrities Behaving Badly
Sociologists tell us that deviance plays a positive role for society. Deviance shows us what happens with you cross certain boundaries - as well as what and where those boundaries are.
Merrill-BofA: Judge Jed Rakoff Exposes the Failures of the SEC
Bank of America executives were paid $5.8 billion in bonuses when they merged with Merrill Lynch. Shareholders were not merely misled by the banks, but fed a bold-faced lie.
California's Own Bernie Madoff
Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.
Madoff and Miracles: How I Lost My Life's Savings and a Poem Saved My Life
Poetry is a direct route to the riches of the interior life. It is available to everyone at any hour of the day or night, and it doesn't cost a thing.
The Scots and the Terrorist: He That Pities the Brute
It seems pity is all too often reserved for people who commit acts of absolute, irrevocable evil. The worse the offense, the more automatic must be the mercy towards the perpetrator.
Why Britain Should Apologize for Releasing the Lockerbie Killer -- and Why it Won't
Imagine if Bernie Madoff were to have cancer and he were to be released like the Lockerbie killer? There would, no doubt, rightly be outrage in the streets.
American Econ 101: Saturday TV 'Bait & Switch', Continental Confusion & Bernie
I've got a few object lessons in American economic theory for you. This is the kind of stuff that makes us who we are, these are the economic principals that have separated us from the rest of the world.
10 Reasons Why People of Faith Should Support Healthcare Reform
We must help the President and Congress do what we sent them to Washington to do: reform healthcare insurance coverage in the U.S. now. Even faith demands it. Doesn't it?
One Big Question for the Madoff Gang
For 25 years, you've taken the life savings from the elderly, the charitable, your best friends and their families. Suddenly you don't have the moxie to make a clean getaway? Why didn't these guys run away?
Andres Piedrahita Shamed By Media Into Leaving Mega-Yacht
Last week, I wrote how Piedrahita, the major shareholder of a feeder fund that lost $7 billion of investors' money to Bernie Madoff, was summering on his new yacht. This week, he's off the yacht.
Bandit Bankers and Mrs. Madoff's Money
Given what we now know, thanks to the efforts of Andrew Cuomo, one might well ask: are all scams created equally, or are some scams more equal than others?
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