Every good crisis deserves a good villain, and every good villain deserves a good yacht.
As if the ongoing foreclosure fiasco wasn’t already scary enough, the top Wall Street Journal item right now is the news that Fannie Mae and Freddie Mac are reviewing the work of the enormous Florida law firm run Read More
“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
Last week, with a rollout that included an endorsement from George Lucas and a letter from Larry Ellison, Bill Gates and Warren Buffett announced that dozens of billionaires had pledged to give away half their fortunes. The list, which included corporate raider Ron Perelman, mortgage billionaires Marion and Herbert Sandler, Citigroup architect Sandy Read More
