Deutsche Bank A Scapegoat For Bad Housing Policy
A politically motivated lawsuit papers over government complicity in the housing mess.
A politically motivated lawsuit papers over government complicity in the housing mess.
What is gold really worth? In one sense, the answer is obvious. Gold is worth $1,515.10/oz, because that is what it is trading for in the market as of this writing.
Catastrophic sea level rise is one of the most valued hole cards played by alarmists in the global warming debate.
My previous article, The Seminary Bubble, certainly hit a nerve—remarkably so, given that it appeared here at Forbes.com at the center of financial journalism and not one of the usual church discussion watering holes.
A naïve perspective on business is that whatever you sell or whatever service you perform is what your business is all about. read »
Ted Cruz on the 10th Amendment, the budget, and his run for Senate.
Grover Norquist discusses the budget and his feud with Senator Coburn.
Wednesday, a jury found $7 billion Galleon Holdings founder, Raj Rajaratnam, guilty on 14 counts of insider trading. Does this mean it's safe for individual investors to get back into stocks? My conclusion is that the conviction does not make a difference to individual investors. read »
Barack Obama began his presidency with one of the most ambitious programs of change in history — with major initiatives in defense, foreign affairs, economic recovery, health care, the environment, and more. Now that the administration is gearing up for its next campaign, politicians and pundits are assessing what the President has accomplished. It may be equally important, however, to look at how the Obama team has gone about managing its change agenda. read »
Today I'm pretending I'm a bureaucrat, and I've decided you shouldn't do backflips on a pogo stick. Also, no using a pogo stick on a treadmill; and while we're at it, no pogo-jumping with Q-Tips in your ears, which I reckon happens from time to time to Unilever's consternation. read »
Raj Rajaratnam’s defense lawyer was careful not to pick a jury of his peers. None of them had anything to do with Wall Street. Some of the jury members never finished high school and came straight out of the egalitarian NYC jury pool. The hope was the defense could bamboozle them into believing that what Raj did was just in the normal course of business. But for sure, they are honest folks, maybe church goers, who clearly understood right from wrong. They listened to those oh so incriminating[...] read »
Andy Warhol’s most famous self portrait--the red one from 1986--will headline tonight's auction at Christie’s New York. The offering comes on the heels of last night's disappointing contemporary art sale at Sotheby's, where Jeff Koons' famous "Pink Panther" sculpture was expected to fetch $30 million but went for $16.9 million. Warhol's [...] read »