Written in 1989, Liar’s Poker remains one of the best route maps around Wall Street’s corridors of ‘high’ finance: that is, the skullduggery that brought us the credit crunch and destroyed itself in the process. Now Liar’s Poker author, Michael Lewis, has written on The End of Wall Street’s Boom in Portfolio magazine, and as [...]
The Investor
(Image: WRI) Like the vast majority of the 100 million bloggers in the world, I earn less than a dollar a day from my own blogs. That’s an average figure. Some days I earn more, many less. But it currently averages out to about a dollar a day. Blogging for money is a terrible idea. [...]
Subprime silliness, nailed by two comedians back in 2007. (As opposed to being explained by the comedians who came up with sub-prime and were still defending it back then.) For non-UK readers, the chaps in the video are the always excellent Fortune and Bird, who often speak more the truth in their rambling obfuscations. MBEs [...]