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Felix Salmon

What Was Felix Salmon Thinking?

Nathan Robinson | Posted 06.24.2014 | Media
Nathan Robinson

I've tried every explanation out in trying to figure out what Salmon is thinking and none of them make sense, except that he's either ten steps ahead of us, has been abducted and replaced, or has joined a cult.

Hot Air, Stuffed Turkeys, and the CEOs' Hansel-and-Gretel Feast

Richard (RJ) Eskow | Posted 11.21.2012 | Politics
Richard (RJ) Eskow

The Macy's Corporation may soon be remembered more for the political machinations of its CEO than for the wholesome fun of its parades. This year Macy's is putting its corporate resources behind another over-hyped and over-reported spectacle.

Is This Your $1,000,000?

The Huffington Post | Arin Greenwood | Posted 08.16.2012 | DC

Some lucky millionaire bought a winning Powerball ticket from a Northern Virginia 7-Eleven. Who bought the ticket is still an open question (though ch...

Good Knight HFT

John Fullerton | Posted 10.15.2012 | Business
John Fullerton

In the name of progress, enabling technologies have been allowed to corrupt the legitimate purpose of equity trading. Unfortunately, our financial system no longer distinguishes between means and ends.

How I Spent A Gram Of Gold

Reuters | Felix Salmon | Posted 06.27.2012 | Money

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...

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

Jake Blumgart | Posted 06.24.2012 | Business
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.

Stray Thoughts on the Rise of Shareholders

Robert Teitelman | Posted 06.16.2012 | Business
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?

Why Felix Salmon Is Buying A Lottery Ticket

Reuters | Felix Salmon | Posted 03.20.2012 | Money

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...

Bonnie Kavoussi

Are Business Journalists To Blame For The Financial Crisis?

HuffingtonPost.com | Bonnie Kavoussi | Posted 03.16.2012 | Business

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...

The Surprising Economics Of Grant Achatz's Next Restaurant

Reuters | Posted 01.09.2012 | Food

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...

Michael Calderone

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

HuffingtonPost.com | Michael Calderone | Posted 11.16.2011 | Media

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...

European Debt Crisis Explained Using Lego, Buzz Lightyear

Posted 11.15.2011 | Business

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...

Politics and the Economist as Hero

Robert Teitelman | Posted 08.13.2011 | Business
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.

More on Private vs. Public

Robert Teitelman | Posted 05.28.2011 | Business
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 ...

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

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

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

The Case Against Bubbles

Robert Teitelman | Posted 05.25.2011 | Business
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?

Felix Salmon: Wall Street's Dead End

The New York Times | Felix Salmon | Posted 05.25.2011 | Business

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...

Ryan McCarthy

What If Davos Actually Worked?

HuffingtonPost.com | Ryan McCarthy | Posted 05.25.2011 | Business

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...

The Metastasizing State Bankruptcy Meme

Reuters | Felix Salmon | Posted 05.25.2011 | Business

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...

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

The Huffington Post | William Alden | Posted 05.25.2011 | Business

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

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

The Huffington Post | William Alden | Posted 05.25.2011 | Business

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 ...

After Summers, Which Path Will the President Take?

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
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.

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

Huffington Post | William Alden | Posted 05.25.2011 | Business

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

Will The New Global Bank Rules Prevent Another Crisis?

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

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

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

Huffington Post | William Alden | Posted 05.25.2011 | Business

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...