Felix Salmon

How I Spent A Gram Of Gold

Reuters | Felix Salmon | Posted 04.27.2012

Read More: Shiny Gold, Spending Experiment, Currency, Lobster Rolls, Gold, Gold Currency, Gram of Gold, Spending Gold, Felix Salmon, Weird Currencies, Money News

It worked! Kinda. I took Matthew Bishop's challenge, and tried to spend a gram of gold like I would any other currency. And, frankly, didn't have a lo...

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Wells Fargo and Other Megabanks Don't Care About Your Business

Jake Blumgart | Posted 04.24.2012

Read More: Move Your Money, Move Your Money Campaign, Dodd-Frank, Felix Salmon, Credit-Union-National-Association, Mike Konczal, Credit Unions, Business News
Jake Blumgart

If moving your money to a credit union won't make Bank of America or Wells Fargo small enough to fail, it is a rational consumer decision. Making the switch may not be a revolutionary act, but it will certainly make your life easier.

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Stray Thoughts on the Rise of Shareholders

Robert Teitelman | Posted 04.16.2012

Read More: Google, The Deal, Robert Teitelman, Shareholders, Facebook, Felix Salmon, Business News
Robert Teitelman

Are we better or worse off economically, socially and politically with shareholders in that pre-eminent a role? Is there a balance point? Have we, in a world of activist hedge funds and high-frequency trading, overshot that point?

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Why Felix Salmon Is Buying A Lottery Ticket

Reuters | Felix Salmon | Posted 03.20.2012

Read More: Power Ball, Lottery, Lottery Tickets, Felix Salmon, Lottery Winner, Lottery Winners, Regressive Tax, Money News

Have you bought your lottery ticket yet? The jackpot’s up to $241 million! An interesting thing happens, when the jackpot gets this big: if you a...

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Bonnie Kavoussi

Are Business Journalists To Blame For The Financial Crisis?

HuffingtonPost.com | Bonnie Kavoussi | Posted 03.16.2012

Read More: Business Journalists Financial Crisis, Dean Starkman, Business Journalism Financial Crisis, Journalism Financial Crisis, Felix Salmon Columbia, Business Journalism, Larry Ingrassia, Video, Diana Henriques, Felix Salmon Business Journalists, Felix Salmon Columbia Journalism School, Felix Salmon Financial Crisis, Financial Crisis, Felix Salmon, Business News

Some business reporters have a message for critics who say they did not try hard enough to expose banks' misdeeds before the financial crisis: Don't b...

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The Surprising Economics Of Grant Achatz's Next Restaurant

Reuters | Posted 01.09.2012

Read More: Next Restaurant Tickets, Economics Next Restaurant, Next Restaurant, Grant Achatz, Felix Salmon, Next Restaurant Tickets Price, Food News

Economists Justin Wolfers and Betsey Stevenson have a problem with Grant Achatz's pricing strategy at Next, where tickets are sold at a fixed price an...

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Michael Calderone

Reuters Ramps Up Hiring To 'Become Best In The World'

HuffingtonPost.com | Michael Calderone | Posted 11.16.2011

Read More: The Backstory, Bloomberg, James Ledbetter, Thomson Reuters, Video, Stephen Adler, Reuters, Norman Pearlstine, Jack Shafer, Wall Street Journal, Felix Salmon, Larry Ingrassia, Media News

NEW YORK -- What is Reuters? Forty-two percent of Americans polled in May correctly identified Reuters as a global news agency. However, 22 percent ha...

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European Debt Crisis Explained Using Lego, Buzz Lightyear

Posted 11.15.2011

Read More: Eurozone, Toy Story, Video, International Monetary Fund, Reuters, Business News, European Crisis, Felix Salmon, Lego, European Central Bank, Business News

The European debt crisis appears to be so complicated that even financial wonks are resorting to toys to explain it. Felix Salmon of Reuters takes...

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Politics and the Economist as Hero

Robert Teitelman | Posted 08.13.2011

Read More: Dominique Strauss-Kahn, Economists, Politics, Ben Bernanke, Imf, JP Morgan, Felix Salmon, Business News
Robert Teitelman

Technical economists, for all their credentials ,tend to be viewed by the political classes as annoying carpers, overeducated intellectuals without a clue of the real world.

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More on Private vs. Public

Robert Teitelman | Posted 05.28.2011

Read More: Ipo, Felix Salmon, Reuters, The New York Times, Startups, Tech Startups, Ipo Fall-Off, Business News
Robert Teitelman

Felix Salmon has been continuing his discussion of companies avoiding public listings to stay private. I posted on this when he first wrote about the ...

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Does That Proposed Foreclosure Deal Help Main Street or Wall Street?

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Foreclosures, Treasury Department, Yves Smith, Carney, Wall Street Crimes, Felix Salmon, Barack Obama, Mortgage Fraud, Foreclosure Fraud, Mortgage Fraud Settlement, Foreclosure Deal, Business News
Richard (RJ) Eskow

We used a five-point grading process to evaluate the administration's reported proposal. Does the punishment fit the crime?

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The Case Against Bubbles

Robert Teitelman | Posted 05.25.2011

Read More: Salmon, Michael Mandel, Newsweek, Felix Salmon, Deregulation, New York Times, Tim Duy, Businessweek, Recession, Bubbles, Business News
Robert Teitelman

It seems the wise thing to do is to resist enthusiasm for any new innovation. That's not to say that technological bubbles will not emerge. But why encourage a very dangerous process?

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Felix Salmon: Wall Street's Dead End

The New York Times | Felix Salmon | Posted 05.25.2011

Read More: Business News, US Economy, Securities and Exchange Commission, Wall Street, Felix Salmon, Nyse, Business News

THE stock market has been big news in recent days. Last week's report that Deutsche Börse, a giant German exchange, intends to buy the New York Stock...

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Ryan McCarthy

What If Davos Actually Worked?

HuffingtonPost.com | Ryan McCarthy | Posted 05.25.2011

Read More: Russia, Basel II, Davos 2011, Davos Attendees, Davos, Climate Change, Wef, Economic Recovery, George Papandreou, Davos Switzerland, Felix Salmon, Dmitry Medvedev, World Economic Forum, Business News

Later this week, the world's elite will once again gather in Davos, Switzerland at the World Economic Forum's annual meeting. For those of us not atte...

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The Metastasizing State Bankruptcy Meme

Reuters | Felix Salmon | Posted 05.25.2011

Read More: Municipal Bonds, Bankruptcy, Bonds, Economic Crisis, Business News, State Bankruptcy, Felix Salmon, Municipal Debt, Business News

Talk of introducing legislation allowing states to declare bankruptcy began in earnest in November. A speech by Newt Gingrich was followed up by a big...

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Foreclosure Moratorium Would Be 'Catastrophic,' Wall Street Trade Group Says

The Huffington Post | William Alden | Posted 05.25.2011

Read More: JPMorgan Chase, Foreclosure Crisis, Mortgage Crisis, Bank of America, Harry Reid, Foreclosure, Tim Ryan, Sifma, Gmac, Felix Salmon, Business News

Halting foreclosures across the nation would be "catastrophic" for the economy, a financial industry trade group said Monday. Tim Ryan, CEO of the Se...

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Will Taxpayers Turn A Profit On The AIG Bailout? Not So Fast

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Andrew Ross Sorkin, Tarp, Aig, Treasury Department, American International Group, Felix Salmon, New York Federal Reserve Bank, Business News

As AIG and the government hammered out a plan last week to repay taxpayers for the bailout worth up to $182.3 billion, the U.S. Treasury reckoned the ...

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After Summers, Which Path Will the President Take?

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Jason Furman, Robert Reich, Joseph Stiglitz, Tim Geithner, Janet Yellin, Laura Tyson, Ann Fudge, Larry Summers, Jared Bernstein, Paul Krugman, Felix Salmon, Elizabeth Warren, Politics News
Richard (RJ) Eskow

Now that Larry Summers is leaving, the president has a decision to make that will send a signal about the next two years of economic policy. That signal can restore consumer confidence and reinvigorate the electorate, or it can lead to even more discouragement and despair. This week unnamed administration officials floated the idea of naming a corporate executive to the position. That's a trial balloon that should be punctured immediately.

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Why The Rich Don't Feel 'Rich': Law Professor's Blog Post Sparks Controversy

Huffington Post | William Alden | Posted 05.25.2011

Read More: Super Rich, Taxes, Todd Henderson, Chicago, Brad Delong, Paul Krugman, Income Tax Bracket, Felix Salmon, Barack Obama, Bush Tax Cuts, Business News

UPDATE: Citing a "firestorm" of "lies and misinformation," Henderson vowed on his blog this morning to quit blogging. "I misunderstood the technology,...

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Will The New Global Bank Rules Prevent Another Crisis?

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Basel Iii Rules, The Financial Fix, Basel Regulations, Bank Regulations, Financial Crisis, Basel III, Tier 1 Capital, Poll, Felix Salmon, Business News

Global financial regulators have pushed through a series of long-awaited requirements that stipulate how much capital banks must hold to protect again...

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Exec Who Oversaw A $9 BILLION Trading Loss Returns To The Mortgage Business

Huffington Post | William Alden | Posted 05.25.2011

Read More: Subprime Mortgages, Morgan Stanley, The Big Short, Michael Lewis, Loan Value Group, Howard Hubler, Felix Salmon, Howie Hubler, Business News

What do you do after losing $9 billion? After leading a trading unit at Morgan Stanley that lost the bank $9 billion in bets on the subprime mortga...

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The Administration, the Bloggers, the Homeowners (And Yes, Me)

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Treasury Department, Tim Fernholz, Shahien Nasipour, Deep Background, Felix Salmon, Derek Thompson, Ezra Klein, Politics News
Richard (RJ) Eskow

The bloggers who attended briefings from a "senior Treasury Department official" last week have interpreted the concept of "deep background" in several different ways.

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Felix Salmon's Message To Investors: Get Out Of The Stock Market Right Now (VIDEO)

Huffington Post | Nicholas Graham | Posted 05.25.2011

Read More: Felix Salmon Video, Felix Salmon Stock Market, Wall Street, Felix Salmon, Felix Salmon Investment Advice, Video, Business News

Financial blogger Felix Salmon has a message for investors: unless you're a large institution, get out of the stock market right now. The lesson ...

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Felix Salmon: Despite Reform Efforts, 'Big Banks Have Enough Lobbying Power To Continue Taking Big Risks' (VIDEO)

Posted 05.25.2011

Read More: Goldman Sachs, Milken Institute, The Financial Fix, Milken Global Conference, Financial Reform, Too Big to Fail, Resolution Authority, Financial Crisis, Felix Salmon, Business News

Felix Salmon, Reuters' widely influential blogger, sat down with Huffington Post's Ryan McCarthy at the Milken Institute's Global Conference, to talk ...

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Jason Linkins

Henry Blodget Gets Enshrined In The Urban Dictionary

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

Read More: Urban Dictionary, Felix Salmon, Henry Blodget, Eat the Press, Media News

Some of the apparent collateral damage from the recent Henry Blodget-on-Felix Salmon Twitter Folderol Of 2010 is that Blodget has ended up in the cruel and mocking embrace of the Urban Dictionary.

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