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Scenes From A Meltdown
scenes from a meltdown
Jan. 28, 2010
Hank Paulson’s Valley of the Dolls Moment At one point during the early bailout negotiations, the former Treasury secretary nearly turned to drugs.
By Jessica Pressler
white men with small things between their legs
Jan. 13, 2010
By Jessica Pressler
what we have here is a failure to communicate
Jan. 13, 2010
By Jessica Pressler
scenes from a meltdown
Nov. 1, 2009
CIT Finally Files for Bankruptcy Taxpayers can kiss their $2.3 billion goodbye.
By Adam K. Raymond
white men with money
Oct. 13, 2009
By Jessica Pressler
tragicomedy
Sept. 17, 2009
By Jessica Pressler
scenes from a meltdown
Sept. 16, 2009
By Jessica Pressler
voices carry
Sept. 16, 2009
Which ‘Titan of Finance’ Nearly Burst Into Tears During a Phone Call With the Treasury? We know, probably all of them. But one had a particularly difficult time holding it together.
By Jessica Pressler
scenes from a meltdown
Sept. 4, 2009
BBC’s Lehman Brothers Movie Actually Sounds Pretty Awesome The British dramatization of the collapse of Lehman Brothers may not be as poncey as we feared.
By Jessica Pressler
early and awesome
Aug. 6, 2009
By Jessica Pressler
scenes from a meltdown
July 15, 2009
Administration Denies CIT Group Further Aid Bankruptcy for New York’s small-business lender looks imminent.
By Jessica Pressler
scenes from a meltdown
July 13, 2009
Liz Peek May Not Be a TARP Wife Much Longer New York–based lender CIT Group is in peril, and so is the anonymous TARP wife’s lifestyle.
By Jessica Pressler
scenes from a meltdown
June 12, 2009
Bankrupt Lehman to Spend $6 Million on Old Chairs Even in death, the storied investment firm has money problems.
By Jessica Pressler
scenes from a meltdown
Apr. 7, 2009
By Jessica Pressler
scenes from a meltdown
Apr. 3, 2009
TARP-Supported Banks Plan to ‘Game the System’ by Buying Each Other’s Trash It’s Friday, which means there’s news about financial institutions they hope you’ll drink away over the weekend.
By Jessica Pressler
scenes from a meltdown
Apr. 1, 2009
‘Financial Fool’s Day’ Protesters Attack London Banks With Fruit, Light Sabers, and Their Bare Hands On the eve of the G20 summit, crowds of people have taken to the streets in London for what one anarchist group called “Financial Fool’s Day.”
By Jessica Pressler
scenes from a meltdown
Mar. 26, 2009
Hedge-Funders React to Possibility of Increased Regulation They’re a little defensive about being financially profiled.
By Jessica Pressler
scenes from a meltdown
Mar. 25, 2009
AIG Executive Writes Resignation Letter, Tells Edward Liddy Where to Stick It It’s better than the scene in ‘The Devil Wears Prada’ where Anne Hathaway throws her cell phone in the fountain!
By Jessica Pressler
scenes from a meltdown
Mar. 24, 2009
Tim Geithner Is Asking for Enhanced Powers “This is an extraordinary time and the government has been forced to take extraordinary measures,” the Treasury secretary said to Congress today.
By Jessica Pressler
scenes from a meltdown
Mar. 23, 2009
By Chris Rovzar
scenes from a meltdown
Mar. 23, 2009
By Jessica Pressler
scenes from a meltdown
Mar. 20, 2009
By Jessica Pressler
the rich hunt
Mar. 20, 2009
By Jessica Pressler
scenes from a meltdown
Mar. 20, 2009
The Howard Beale Generation Our new era of righteous indignation.
By Michael Idov
scenes from a meltdown
Mar. 18, 2009
AIG Puts Building on the Block But it may not do them much good.
By Chris Rovzar
scenes from a meltdown
Mar. 18, 2009
Live-Blogging the AIG Bonus Hearing The juiciest bits of today’s congressional hearing.
By Jessica Pressler
scenes from a meltdown
Mar. 12, 2009
By Chris Rovzar
scenes from a meltdown
Mar. 6, 2009
Bank of America Married a Stranger With Secrets New, suspicious information about Merrill Lynch has Bank of America rifling through its traders’ belongings, looking for clues.
By Jessica Pressler
scenes from a meltdown
Mar. 6, 2009
Dodd Asks for $500 Billion Credit Line for FDIC So it can bail out the banks who are also receiving Treasury funds.
By Jessica Pressler
scenes from a meltdown
Mar. 6, 2009
By Chris Rovzar
scenes from a meltdown
Mar. 5, 2009
By Jessica Pressler
scenes from a meltdown
Mar. 2, 2009
AIG Lost $62 Billion, So We’re Giving Them $30 Billion More Actually that’s not fair. They only wrote down $61.7 billion, which is a whole $0.3 billion less than they were expected to lose.
By Jessica Pressler
scenes from a meltdown
Feb. 27, 2009
Madison Avenue Types Wishing on ‘Chinese Proverb’ A chain e-mail is gaining traction among an unlikely group of Manhattanites.
By Beth Landman
scenes from a meltdown
Feb. 24, 2009
By Jessica Pressler
scenes from a meltdown
Feb. 24, 2009
Metropolitan Museum of Art Closing Stores Now where will we get the lacquered imitation scarab-beetle brooches we get for Gammy every Christmas?
By Mary Reinholz
scenes from a meltdown
Feb. 24, 2009
Bernanke: If Our Plan Works, Then It Will Work The Fed chairman sounded a somewhat Rumsfeldian note in his largely gloomy report on the state of the economy this morning.
By Jessica Pressler
scenes from a meltdown
Feb. 24, 2009
By Jessica Pressler
scenes from a meltdown
Feb. 23, 2009
Meanwhile, AIG Needs to Borrow Another Few Billion or So It’s just a loan. It won’t spend it on spas this time. For real!
By Jessica Pressler
scenes from a meltdown
Feb. 11, 2009
McGraw-Hill Kills Book Critical of S&P Writer Barry Ritzholz gets slammed by his publisher for taking down their ratings subsidiary in a book.
By Hugo Lindgren
scenes from a meltdown
Feb. 10, 2009
Greenwich Village High School Won’t Open Next Year The educational brainchild of a handful of Waverly Inn types didn’t make nearly enough money to start admitting students.
By Chris Rovzar
scenes from a meltdown
Jan. 27, 2009
By Chris Rovzar
scenes from a meltdown
Nov. 25, 2008
By Jessica Pressler
the greatest depression
Oct. 10, 2008
Sun Crosses World, Leaving Economic Wreckage in Its Wake Asian markets fell in massive selloffs, followed by European markets. And guess who’s next?
By Chris Rovzar
We Are Not the Only Ones Obsessed With Neel Kashkari The Craigslist fantasies are already awaiting your fulfillment, Neel.
By Chris Rovzar
It Was Inevitable And we can’t believe we didn’t think of it first. A Tumblr blog called ‘Sad Guys on Trading Floors’? Come on!
By Chris Rovzar
scenes from a meltdown
Sept. 29, 2008
Why Did the Rescue Bill Fail? We can think of at least four reasons, right off the bat.
By Jessica Pressler
scenes from a meltdown
Sept. 29, 2008
Dow Down 750 Points The Dow records its biggest closing point drop in history.
By Jessica Pressler
scenes from a meltdown
Sept. 29, 2008
Four New York Representatives Voted Against the Bailout Dems José Serrano, Kirsten Gillibrand, Maurice Hinchey, and Republican John Kuhl were among those who shot down the bill.
By Chris Rovzar
scenes from a meltdown
Sept. 29, 2008
Citigroup to Buy Wachovia’s Banking Operations Though the FDIC is quick to assure customers that Wachovia has not ‘failed,’ the government spent the weekend helping Citigroup finance a deal.
By Chris Rovzar
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