Finance

Cups and Balls

When Hieronymus Bosch painted The Conjurer, in the 1500s, I’m sure he never imagined that the cups and balls routine he rendered would morph into a variety of schemes, scandals and shell games.

Here’s just a few that make this month’s list. The Eric … Read More

Dispatches

Just because I’ve been off-line for two weeks doesn’t mean I’ve been off sleeping. The French philosopher Albert Camus once observed, “A man without ethics is a wild beast loosed upon this world.” Here’s a snapshot of some of the wild things you may have … Read More

The Fluffer

“A person who maintains a pornstar’s erection between scenes; a broker of products or services that gets the client ready.”
– Urban Dictionary

The New Museum of Contemporary Art “…has evolved from a scrappy alternative space into a mainstream institution,” The New York Times reported … Read More

Weekend at Bernie’s

Right now an eminent TV actor, (an up-and-coming Dustin Hoffman type) is busy researching his role as the lead in the next made-for-cable hit.

No, not “Weekend at Bernie’s III.” It’s “a gripping docu-drama” about the man who out-Ponzied Ponzi entitled “The Man who Made … Read More

I’m Back!

I’m gone a few short weeks hiking the Appalachian Trail and what do I come home to?  Well, here’s the CliffsNotes version. Manny’s Back! 

Manny Ramirez, the “vacationing” Dodger slugger returned to the lineup following a 50-game suspension after testing positive for a banned substance.  … Read More

The Face of Fraud?

In an afternoon press conference, the Securities and Exchange Commission announced that former Countrywide CEO Angelo Mozilo has been charged with fraud.

The Washington Post reports that “from 2005 to 2007, the SEC alleged, Countrywide dramatically loosened its standards even though these executives were warned … Read More

Everybody Does It

A recent conversation about the bonuses paid to some employees at AIG like Jack DeSantis, led to this question:  ‘Don’t you believe in honoring contracts?”

In fact, I do believe in honoring commitments and obligations.  However, when a multi-billion dollar company like AIG runs into … Read More