Return of the Ever-Wrongs
@TBPInvictus here: As the Fed was battling the after effects of the Great Financial Crisis, a group of finance types wrote an open letter...
Bad Buybacks
I was working on my regular Bloomberg column, taking a closer look at some companies in the news (here and here) — GE, GM, Apple,...
Easy-to-Understand Gerrymandering
I don’t know why I find this so amusing; I guess its turning such a serious issue into a children’s game. . .
Why is California Over-building Electricity Capacity?
This is an amazing set of graphics, derived from the sad state of California’s electricity capacity and crony capitalism: ...
When Executive Compensation Exploded
The precise moment in the 1990s when CEO pay suddenly shot up: Source: Planet Money Episode 682: When CEO Pay Exploded...
No, the CRA Did Not Cause the Financial Crisis
Lending to Poor People Didn’t Cause the Financial Crisis Look elsewhere for the sources of the meltdown. Bloomberg, June 22, 2016...
John D. Rockefeller Was Richer – Way Richer – Than...
Rockefeller Really Was Way Richer Than You Are Please stop comparing the average person of today to yesteryear’s rich. Bloomberg,...
Trump Rules
He can’t win and he shouldn’t… But it’s mindblowing to watch the pundits and players react to his statements....
The Delusional Dick Fuld
Richard Fuld, the former chief executive officer of Lehman Brothers, is the Shaggy of finance. On the cause of the financial crisis and...