September 24, 2009 - Add one more catchphrase to the litany of those that have been used ad nauseum during the life of the financial crisis: 'the new normal.'
September 15, 2009 - As Wall Street rehashes the anniversary of the fall of Lehman, we're left wondering if the nascent recovery in various markets has caused the powers that be to take their eyes off the regulatory ball. We tackle that idea in this week's cover story, and the sentiment is neatly summed up by Henry Kaufman, the renowned economist and a former board member of Lehman, who notes that as the economy stabilizes 'there will
July 2, 2009 - The latest attempt to prop up the housing market actually makes some of the schemes employed at the height of the crime spree that was the mortgage-lending bubble seem almost conservative.
June 1, 2009 - A Dow Jones Industrial Average with no Citi and no GM? No surprise, but somehow it still hurts.
April 9, 2009 - A merger between homebuilders, in this market? Whats next, the marriage of Joe Biden and Dick Cheney?
March 24, 2009 - It was 20 years ago today that the tragic Exxon Valdez oil spill coated the pristine Prince William Sound in Alaska with a tanker full of gooey sludge. The memories of the blackened coastline and oil-coated birds naturally had me thinking of one thing: AIG.
January 9, 2009 - To ring in the New Year, Bank of America wrapped up its remarkable buy of Merrill Lynch. What caught my eye was the discussion of risk management at the newly combined commercial bank/investment bank/brokerage firm.
January 2, 2009 - Nothing lasts forever. That includes Indian Summers, a bunch of good shots (in a row) on the golf course, any diet I'm on, and, most importantly, current financial conditions.
December 9, 2008 - 'You're not taking a bonus? Thank you soooo much.'
December 1, 2008 - Random thoughts and second thoughts as we lament how much we ate over the holiday...
November 21, 2008 - The flood of IPOs can't be stopped.
October 29, 2008 - Sure, plenty of hedge funds got burned on the surge in VW shares, but an apology is as likely as a Jetta outracing a Carrera.
October 24, 2008 - Shutting down the markets? Ludicrous.
October 17, 2008 - I'm thinking of giving up my Wall Street Journal subscription. And definitely no more Bloomberg TV. I just don't need these media sources to know what's going on in the financial markets these days. I have a more reliable indicator, and it's free: TV trucks.
September 29, 2008 - Dial this up as yet another facet of the financial crisis I just don't understand: Why are 'the taxpayers' the victims in this debacle?