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Dispatch from the Aftermath of the Facebook IPO

In the days before the Facebook hysteria had fully bloomed, we sought comment from investors who planned to buy the stock. Did they know half of Twitter was bashing Facebook as massively overpriced? Were they chasing the next Google? Did they just like Zuck?

Yesterday we finally caught up with a Facebook investor. Alper Aydinoglu Read More

The Foreclosure Fiasco and Wall Street’s Shrug

“The first thing that needs to happen, I think, is to get these people out of their homes,” a man wearing a bespoke blue-striped shirt, a Hermés tie patterned with elephants and Ferragamo loafers said recently. “Correct! I’ll explain,” the veteran member of a bank restructuring and advisory team said.

Amid evidence of sham documents Read More