If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
The Blog
To the canon of films about the financial collapse of 2008, add Marc Simon's Unraveled, a portrait of one man's hubris, insecurity and appetite for glory, writ large.
How many of those who voted for it knew what was in it? And how many of those who read it connected its provisions to the lessons of the last decade? The answer must be very few.
An improbable Super Bowl victory, a resurgent basketball team, a brewing quarterback war between a playboy and an evangelist. I haven't been this excited to be a New York sports fan since 1986 (or is that 1973? Or 1969?).
What I'm looking for in exchange for my $20 million investment will cost the cash-strapped Mets nothing: the acknowledgement that fans of the team actually matter.
The reasons that there aren't any trophy heads after the financial crisis are plentiful: there are legal obstacles, practical obstacles, a lack of personnel, and general fuzziness about how economic crimes are defined.
I worry about the years, and questions, yet to come. Audrey doesn't remember her grandfather; Nick never knew him. I will tell them what he did to so many innocent people, and how he drove their father to his death.
Chasing Madoff is a searing indictment of the fast-and-loose free-market attitude that nearly sank the world economy. I can't imagine how painful it would be to watch it, were I someone who had lost a fortune to Madoff's malfeasance.
According to Wikipedia, the current definition of a social network is "... a social structure made up of individuals (or organizations) called 'nodes'...
The problem today is not the tyranny of government, but rather the concentration of money, and hence power, in Wall Street and in the largest corporations. And it is clear that enough money can buy political power.
Historically, we have been exceptionally generous in our willingness to save the rest of the world -- but now it is time to revisit our priorities at home with clarity and determination. It is time to fix America first.
You may chuckle with moral superiority that you are not the public figure dealing with a humiliating and embarrassing secret. But we all have a secret life -- and that includes you too!
The myth of American financial competence is underscored by the latest story of how Goldman Sachs lost 98% of a $1.3 billion investment by Libya's sovereign wealth fund. Wow, in Goldman Sachs We Trust!
But this is the first time I'm rooting against the Mets. Sorry David Wright, sorry Jose Reyes -- it's not about you. It's about your owners.
The SEC investigated Bernie Madoff numerous times during the 25 years the Mets owners made investments with him. It hardly seems fair to hold investors, in this case the Wilpons and the Katzes, to a higher standard than the SEC.
Under the surface of his carefully crafted image, it appears that Bernie Madoff was harboring an intense loathing of the financial establishment that he had outwitted for so long.
The Capitol Hill battlefield is still for the moment as the Easter holidays approach and the combatants get a break from the heated polemics and overn...
