Among the people we reached out to while reporting this week’s cover story on Rich Marin was Nassim Taleb. Not only is he a well-known talking head (and presumably accessible), but he also got his start at Bankers Trust, just like Mr. Marin. Well, we were in for a terse, maybe even rude, but also hilarious surprise: Mr. Taleb’s over-the-top auto-reply email. Read More
Here is a video of The Black Swan author Nassim Taleb saying on Bloomberg TV the Fed is basically shaking a giant bottle of monetary ketchup over the dinner plate of the American economy. Eventually that ketchup bottle is going to explode everywhere, covering our nation with a viscous, sticky, economically corrosive condiment.
“Oh, Joe!” Mervyn King, governor of the Bank of England, said to the Nobel laureate Joseph Stiglitz. It was Monday afternoon in an emptying auditorium across from the Empire State Building.
“Are you going?” Mr. Stiglitz asked.
Mr. King, a man who looks like his name should be Stamp Brooksbank or Delillers Carbonnel, apologetically nodded Read More
On Thursday, May 6, at 2:45 in the afternoon, the billionaire industrialist Wilbur Ross was interviewing a job candidate in his 27th-floor office when his computer screen went all red. The Dow, which had opened the day above 10,800, began falling. It dropped, paused and then plunged monumentally, down past 10,400 and 10,000 and then Read More
Affordable Housing or Lack Thereof
