portfolio.com - 11/12/2008
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o this day, the willingness of a Wall Street investment bank to pay me hundreds of thousands of dollars to dispense investment advice to grownups remains a mystery to me. I was 24 years old, with no experience of, or particular interest in, guessing which stocks and bonds would rise and which ...
portfolio.com - 11/11/2008
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portfolio.com —
T o this day, the willingness of a
Wall Street investment bank to pay me hundreds of
thousands of dollars to dispense investment advice to grownups remains a mystery to me. I was 24 years old, with no experience of, or particular interest in, ...
(more)
The End
businessweek.com - 11/5/2008
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businessweek.com —
JUNE 12, 2006 COVER STORY Inside Wall Street's
Culture Of Risk Investment banks are placing bigger bets
than ever and beating the odds -- at least for now On the 31st floor of a skyscraper overlooking Times Square one recent spring day, a dozen or ...
(more)
Inside Wall Street's Culture Of Risk
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Michael Lewis on Wall Street Now
Michael Covel: Trend Following Manifesto —
The author of Liar’s Poker writes now about Wall Street.
CitiSKANK, CitiHANK, CitRUBIN…all Shitty for Taxpayer…and Why These Bailouts are really FAILouts!
Howard Lindzon —
... Michael Lewis’s great piece ‘The End’ is a well researched and written pice about why we don’t get what we need from the people in charge as it relates to proper bailouts. Here is the jist: ...
Quote 12: Michael Lewis on incentives in Wall Street
The visible hand in economics —
... Michael Lewis:
He thought the cause of the financial crisis was “simple. Greed on both sides—greed of investors and the greed of the bankers.” I thought it was more complicated. Greed on Wall Street was a given—almost an obligation. The problem was the system of incentives that channeled the greed.
Found in the December 2008 portfolio magazine (ht Robbie Allan).
Posted in Quotes ...
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