‘The Black Swan’ Author a Lucky Duck
The randomness of world events is really working out for Nassim Nicholas Taleb.
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All Blog Posts Tagged:
‘the greatest depression’
The Fearmongers of Finance
Click through to read about ten analysts who predict economic gloom and doom. IF YOU DARE.
American Express Cuts 7,000 Jobs
After losing half its profit, the New York–based lender is cutting back its workforce.
Matt Bai and Patricia J. Williams Argue Over Religion in Government and Homeowners’ Role in the Financial Crisis
'New York Times Magazine' writer Matt Bai and 'The Nation' columnist Patricia J. Williams argue over what an Obama presidency might mean for the judiciary and abortion, the current role of religion in government, and whether homeowners aren't partly to blame for the financial crisis.
The Bad News and the Good News
This morning's papers delivered a slurry of bad economic news. But if you looked closely, you could see a silver lining.
Cuomo to Investigate Bank Bonuses
The attorney general doesn't want the bailout and bonus money to get mixed up.
Paterson on the Budget Deficit: ‘We Are Going to Need Federal Assistance’
Mr. Paterson is going to Washington. Meanwhile, on the home front, there's already a game of chicken going on between him and the legislature over who will cut first.
This Halloween, Be the Specter of Socialism
Masks of our favorite government apparatchiks are available.
Paterson: Projected State Budget Deficit Has Grown to $12 Billion
That's more than double the projected deficit from August.
Bank Hoarding Could Lead to ‘Revolution,’ Says Dodd
The Connecticut senator wants banks to show us the money.
‘Forbes’ Does Oprah-Style Cover to Soothe the Masses
A Forbes family member appears for the first time in generations.
Banks Apparently Have Billions of Dollars Left Over for Bonuses
Goldman, Merrill Lynch, Morgan Stanley, and even Lehman squirreled away special bonus funds in their sock drawers.
The Nouveau Poor
Lest we forget, it's not just the rich who have been affected by the Wall Street crisis. The real victims are the twentysomethings who, laid off from their finance jobs, have been forced to live in reduced circumstances.
Wall Street Readies for a No Good, Very Bad Day
Hey, we're just getting caught up — European and Asian markets have been plummeting for hours now!
Alan Greenspan Whipped on Economic Crisis
Former Fed chairman visited Representative Henry Waxman's House of horrors this morning.
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