The Moral Compass Missing From The Greatest Trade Ever
As much as anything, what killed Lehman was Dick Fuld's emasculation of the risk management function, which served as a moral compass.
As much as anything, what killed Lehman was Dick Fuld's emasculation of the risk management function, which served as a moral compass.
Loral Langemeier | Posted 11.12.2009 | Living
There are two ways to invest: horses and zebras. Horses are obvious. Zebras are obscure. To my amazement, many investors choose to invest in zebras. Not me. I am in favor of horses.
Elise Coroneos | Posted 10.29.2009 | Business
After the fiasco of the last year, the financial community should be getting back to the fundamentals of its job, which is to be stewards of the community's wealth.
Joseph A. Palermo | Posted 10.20.2009 | World
Whatever Obama decides to do in Afghanistan is of little consequence compared to Wall Street's ongoing "plutonomy."
Francine Hardaway | Posted 08.28.2009 | Business
Well, we may think we've lost our jobs, our health insurance, our retirement plans, or our houses. But we haven't really "lost" those, because they were never really ours
Walden Bello | Posted 11.02.2008 | Business
In a nutshell, the Wall Street meltdown is not only due to greed and to the lack of government regulation of a hyperactive sector.
Adam Hanft | Posted 10.25.2008 | Business
More than Paulson, more than Bernanke, more than pretty much anyone in Washington I'd trust venture capitalist John Doerr to negotiate my stake in the bailout.
New York Times | Floyd Norris | Posted 03.28.2008 | Business
The brokers' customers did reasonably well. The brokers did not. That is not the usual way of Wall Street. Two-thirds of a century ago, a best seller...
BusinessWeek | David Bogoslaw | Posted 03.28.2008 | Business
Another day, another drubbing for Citigroup (C). The financial giant took yet another hammering from investors on Dec. 27 after Goldman Sachs (GS) boo...
David Fiderer | Posted 11.16.2009 | Business