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Finance

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Why Banking Is a Movement

It's not just a job, it's a mentality, according to the author of the new book, 'Damn It Feels Good to Be a Banker.'

Hedgies of the Apocalypse

As the markets decline, hedge funds like Philip Falcone's and John Paulson's still manage to rake in the dough.

The Blame’s on Thain

After a startling $9 billion dollar write-down, everyone is piling on Merrill Lynch CEO John Thain.

Jared Kushner Opens Up

The 'Observer' owner learns a little something about life through the incarceration of his father.

Eliot Spitzer Pimps His New Vulture Fund

On his 49th birthday, we get reports that Spitzer's legal future looks grim, but his financial plan is a good one! Oh, yeah, and he doesn't think the whole hooker thing was that big of a deal.

David Holzer Is a Pretty Crappy Friend

An ex–Brean Murray trader stole $16 million from his friends and spent it on bright, shiny things and cars that go vroom. His friends are kind of mad.