The Death of Insider Trading
Andy Kessler suggests that it's impossible for investors to get a short-term trading edge. It's better to make long-term investments based on big-picture trends.
Andy Kessler suggests that it's impossible for investors to get a short-term trading edge. It's better to make long-term investments based on big-picture trends.
Norb Vonnegut | Posted 10.29.2009 | Business
The season makes me wonder: What does it take to become a Halloween mask?
Norb Vonnegut | Posted 10.28.2009 | Business
Presumably, there was a glory to betting big and being right. The highs from winning more than trumped considerations of fair play. Of course, there was one problem. They got caught.
Danny Schechter | Posted 10.17.2009 | Business
In the middle of the bath / In the middle of the bath I call your name / Oh Goldman, oh Goldmamn, my love will turn on you / My love will turn on you
Norb Vonnegut | Posted 07.30.2009 | Business
If the system is broken, can Madoff victims expect just solutions? And since when do umpires share in the spoils of victory?
Norb Vonnegut | Posted 07.24.2009 | Home
Ira Sorkin, defense attorney for Bernard Madoff, requested his client's sentence be limited to twelve years. He cited Madoff's age and thirteen-year l...
Norb Vonnegut | Posted 07.12.2009 | Business
Grove manages about $2 billion in total assets for wealthy families. He's seen it all inside his investment bank. He'll be joining Acrimoney for a new guest series: What Would Grove Do?
Norb Vonnegut | Posted 07.11.2009 | Business
Madoff victims don't need a cook. They need Solomon to sort through these complicated issues of law and fairness.
Norb Vonnegut | Posted 06.28.2009 | Business
Get-rich-quick schemes are the new WMD.
Norb Vonnegut | Posted 06.06.2009 | Business
Madoff's sense of order was legendary. He probably arrived at the office early just to run the vacuum cleaner. Other cons are similarly fastidious.
Norb Vonnegut | Posted 06.05.2009 | Business
Madoff's preferential treatment of some investors, however, is a big deal. It's a likely blueprint, I think, of the trustee's legal tactics.
Norb Vonnegut | Posted 05.28.2009 | Business
Most of the Ponzi schemes originate in the United States. It's embarrassing.
Norb Vonnegut | Posted 05.22.2009 | Business
Twenty million dollars is enough to cover the cost of 10 lawyers for more than 18 months.
Norb Vonnegut | Posted 05.20.2009 | Business
We find similarities every time a new Ponzi scheme is uncovered. I would suggest another example of recurring behavior: Philanthropy.
Betsy Perry | Posted 04.19.2009 | Style
Bernie Madoff should feel guilt. AIG should feel guilt and so should Chris Cox and Dick Fuld and all those other bandits. But should I feel guilty for being on vacation?
Charles H. Green | Posted 02.09.2009 | Business
Q. What do Mark Twain, Clint Eastwood and Bernie Madoff have in common? A. They all tell tales of the path from mistrust to corruption.
Norb Vonnegut | Posted 11.04.2009 | Business