We're living in a bread-and-circuses economy. My latest Bloomberg column discusses the reasons why.
My latest column takes on the Meredith Whitney-vs.-everyone-else-on-Wall-Street battle over municipal bond defaults. My conclusion: Whitney will win.
My latest column. A $20B fund, or any capped fund, proposed by Obama or anybody else, makes NO sense. We need to reduce the chance of taxpayers being on the hook to ZERO as long as BP has earnings available to pay for cleanup and claims.
Just when you think it can't get any bigger, it does.
The scary thing about this new column is that the idea is actually plausible.
Link to my latest Bloomberg column. As things are headed, Goldman will probably be the hottest topic at Berkshire's shareholder meeting. Buffett is in an uncomfortable place now. It is not serving him well when he comes to Goldman's defense. The best thing for him to do, in light of recent events, would be to execute a subtle but definite shift to disengage his reputation from being so closely associated with Goldman.
Here's my latest Bloomberg column. This is an important topic that deals with a trend that is affecting all of modern life. It's addressed here specifically in terms of Wall Street.
My latest Bloomberg column is out this morning. It's the first one in which I said something REALLY inflammatory about Wall Street (even though 100% true) and I was sort of dreading logging into my Bloomberg email to pick up the backlash. Once, and this is not a joke, somebody threatened to strangle one of the other women columnists with her own pantyhose. (Every now and then Bloomberg management has to go talk to a Wall Street firm about an employee because of threats against the columnists that may or may not be serious.)Writing can be a scary way to make a living sometimes.
This deal reminds me of some stories. I wrote in The Snowball about the giant train set in Warren's attic; about how, as a boy, he used to go to the Brandeis department store at Christmas and "drool," as he put it, over the huge multi-track train display that raced around the eighth floor toy department. One of his fondest memories as a child was being taken on a train to Chicago as a surprise by his grandfather to see a Chicago Cubs game.
Welcome to my new home page. It’s good to have you here! One of my goals is to serve you through this site. Being an author once meant holing up behind your keyboard for a couple of years, emerging to visit a few bookstores when a book was published, then retreating back behind your screen. Not today...we maintain websites, facebook fan pages, we blog and we tweet. These are great efficiency tools for readers and authors. There is space for you to comment, and I know from facebook that some of you will. I welcome that.
I set up a Twitter account because people said this, too, was important, but I don’t know how to tweet. I don’t know what a hash mark is. The only thing I was able to do was upload a picture of a snowflake to my twitter account because I am pretty good at photography, and the account’s linked to my Facebook fan page, so I *think* tweets are going out somewhere from there. They’re probably going from here to Twitter too.