Posted 07/10/09 in Daily Intel
White Men With Money
Vikram Pandit: Rearranging Executives in Order to Hide Behind Them?
Are the management changes at Citi about "positioning the company for the future," or saving Vikram Pandit's job?
Posted 07/08/09 in Daily Intel
The Greatest Depression
The Ghettoization of Nantucket
Like a sand castle on the beach, society is collapsing on this New England vacation island.
Posted 07/07/09 in Daily Intel
The Rich Hunt
Cider Ad Tells Bankers to ‘Sod Off’
Scottish and Newcastle's new viral ad makes fun of bankers, but the joke's on us.
Posted 07/02/09 in Daily Intel
The Greatest Depression
In Argentina, Laid-Off Bankers Can Be Superheroes Again
After the indignity of of being laid off from their high-paying jobs as masters of the universe, many bankers are finding themselves in Latin America.
Posted 06/30/09 in Daily Intel
White Men With Other People's Money
Banker Who Stole Millions on Why Fraud Is Rampant in Industry
"We feel like we can take risks that other people don’t even dream to do."
Posted 06/24/09 in Daily Intel
Neighborhood News
Barclays Is Paying $4 Million to Have Its Brand Associated With One of the Foulest Stops on the New York Subway System
The British bank is planning on splashing their name all over the Atlantic Avenue–Pacific Street and Flatbush Avenue subway station. Yay!
Posted 06/24/09 in Daily Intel
The Greatest Depression
The Plight of the Unemployed CEO: Underqualified for Management; Overqualified for Starbucks
Some CEOs of failed financial institutions, having been expelled from their jobs, are looking for work — with little success.
Posted 06/23/09 in Daily Intel
The Greatest Depression
Goldman Sachs: Reports of Huge Bonuses Have Been Exaggerated
They could be more like "ginormous" or merely "sizable."
Posted 06/04/09 in Daily Intel
Hey Mr. Tangerine Man
Angelo Mozilo Charged With Fraud
The former Countrywide CEO is the first top financial-services executive to be charged in connection with the financial crisis.
Posted 05/29/09 in Grub Street
Dress Codes
Soho House Frowns on Suits
Plus, you can apparently walk into Mars Bar wearing a pink sweater and get away with it.
Posted 05/26/09 in Daily Intel
White Men With Money
Richard Fuld Not Selling His Park Avenue Apartment After All
Last week's brief listing was just a tease.
Posted 05/21/09 in Daily Intel
The Greatest Depression
Breaking: Wall Street Isn’t Going to Go Back to Being Exactly Like It Used to Be
A startling report issued by the Independent Budget Office reveals that the economic crisis will likely impact the financial community.
Posted 05/21/09 in Daily Intel
The Gorilla
Richard Fuld Resigns As Lehman Brothers Chairman
We know -- we totally forgot he still had that job, too.
Posted 05/19/09 in Daily Intel
White Men With Money
J. Ezra Merkin Forced to Resign
Attorney General Cuomo has ousted the Madoff investor, accused of fraud, from his managing position at what's left of his three hedge funds.
Posted 05/19/09 in Daily Intel
The Greatest Depression
Banks Could Start Paying Back TARP Funds As Early As Next Week
Morgan Stanley has already requested to be allowed to repay its $10 billion in TARP debt.
Posted 05/15/09 in Daily Intel
Seeking Help
The Crippling Guilt of Not Caring About the Economy
As a journalist, what do you do when you can't feign interest?
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