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white men with money
Apr. 6, 2009
WSJ
Blows Up Richard Fuld’s Brunch Spot
It was his favorite restaurant, until today.
By
Jessica Pressler
the downturnaround
Apr. 3, 2009
The Dowturnaround’s Plan to Save Herald Square (and the World)
Presents for everyone!
By
Hugo Lindgren
the benjamin button economy
Apr. 3, 2009
Unemployment Hits Highest Levels Since 1983
The unemployment rate hit 8.5 percent in March, the Bureau of Labor Statistics reported today.
By
Jessica Pressler
imaginary accounting
Apr. 2, 2009
Now Banks Can Just Decide for Themselves What Their Assets Are Worth
Toxic, shmoxic.
By
Jessica Pressler
the greatest depression
Apr. 2, 2009
Hank Paulson Sacrificed Himself for Us
The former assistant Treasury secretary for Economic Policy defends his boss’s actions.
By
Jessica Pressler
april fools’ day
Apr. 1, 2009
Outrage! AIG Executives on Another Retreat!
Sharpen your pitchforks, populace: We’re going to Stockbridge, Massachusetts.
By
Jessica Pressler
precious moments
Apr. 1, 2009
Fairfield Greenwich Employee Tried to Cover Ass, Failed Spectacularly
“I need to show people who invested in Sigma that I was doing due diligence in what is the largest scam in financial history.”
By
Jessica Pressler
the fabulous noels
Apr. 1, 2009
Madoff Feeder Fairfield Greenwich Group Charged With Fraud
A Massachusetts secretary has accused them of “flagrant and recurring misrepresentations.”
By
Jessica Pressler
aggravated internet geeks
Mar. 31, 2009
AIG Exec Responds to Critics: ‘About My Balls…’
The husband of last week’s raging AIG wife fights back.
By
Jessica Pressler
white men with money
Mar. 30, 2009
London Bankers Are ‘No Pansies’
… they say while wearing hand-stitched bespoke suits.
By
Jessica Pressler
the greatest depression
Mar. 27, 2009
Bankers Had a Beautiful Experience at White House
The bankers came away from their meeting with the president feeling “fabulous.”
By
Jessica Pressler
made-off
Mar. 27, 2009
Ruth Madoff Got $2 Million From British Account Weeks Before Bernie Was Arrested
Bernie’s wife sure required a lot of walking-around money.
By
Jessica Pressler
in other news
Mar. 27, 2009
CNBC Monkeys Beginning to Seriously Rattle the Cage
Dylan Ratigan, a popular CNBC host, may be out at the financial-news network.
By
Chris Rovzar
the greatest depression
Mar. 26, 2009
City Unemployment Rate Now Just As Dismal As in Rest of Country
In which we try to find the silver lining in this.
By
Chris Rovzar
the rage of the never rich
Mar. 26, 2009
Citigroup to Lay Off 65 Office Cleaners
Sorry, guys! Citi blew all of its budget this year making millionaires more millionaire-y! Good luck feeding your kids, though.
By
Jessica Pressler
funny things
Mar. 26, 2009
How Does the Treasury Decide Who Gets a Bailout?
“We’d better consult the chart.”
By
Jessica Pressler
pessimism porn
Mar. 24, 2009
Australia No Longer An Option
Was moving Down Under your backup plan? Think again.
By
Hugo Lindgren
fools on the hill
Mar. 24, 2009
Ben Bernanke Has Had Enough of Your Fool Questions, Congress
Stand back! The Fed chairman is getting ANGRY.
By
Jessica Pressler
finance fiction
Mar. 24, 2009
Bonus Buster Andrew Cuomo ‘Applauds’ AIG Executives Who Are Giving Back Bonuses
Even though they “had nothing to do with the meltdown in the financial products division.”
By
Jessica Pressler
the downturnaround
Mar. 23, 2009
In Which the Downturnaround Is Tested and Keeps Its Faith
Times are dark, but today, a Saint brought us into the economic light.
By
Hugo Lindgren
ceoh no!
Mar. 20, 2009
Taxpayers Never Promised Vikram Pandit a Zen Garden
Citgroup defends its office renovation plans.
By
Jessica Pressler
the rich hunt
Mar. 20, 2009
Busload of Crazies to Tour Homes of AIG Executives This Weekend
This is so much worse than the ‘Sex and the City’ bus tour.
By
Jessica Pressler
merrill lynch-ing
Mar. 18, 2009
Sun Shines on Bonus Buster Andrew Cuomo
A judge has ruled that he can release the names of Merrill Lynch employees who received bonuses in 2008.
By
Jessica Pressler
ink-stained wretches
Mar. 18, 2009
Vanity Fair
’s Fishy Tales From Iceland
No one cared about the tiny island until it collapsed. Now it’s worthy of some tall tales.
By
Jonas Moody
scenes from a meltdown
Mar. 18, 2009
AIG Puts Building on the Block
But it may not do them much good.
By
Chris Rovzar
the greatest depression
Mar. 18, 2009
Edward Liddy Understands Your Anger
The AIG CEO attempts to explain himself in a calm, rational manner. But will it stem New Yorkers’ anger?
By
Jessica Pressler
the greatest depression
Mar. 17, 2009
Romance Novels, Vasectomies on the Rise
Sex without consequences is big in the Greatest Depression.
By
Jessica Pressler
white men with money
Mar. 17, 2009
Goldman Bankers Are Poor Now, Too
Don’t worry: They’re not POOR-poor.
By
Jessica Pressler
gold-bar fund
Mar. 17, 2009
Citigroup CEO Vikram Pandit Got $38.2 Million Pay Package in 2008
That’s a lot of gold bars.
By
Jessica Pressler
ink-stained wretches
Mar. 17, 2009
Andrew Sorkin Tells It Like It Is About AIG
The ‘Times’ wunderkind loosens up a little.
By
Jessica Pressler
white fights
Mar. 13, 2009
Chris Smith: What Stewart and Cramer Needed to Take Away From Last Night
Our columnist tries to see the forest for the trees.
By
Chris Smith
white fights
Mar. 13, 2009
Jim Cramer Cowers Under Jon Stewart’s Open Palm
On last night’s ‘Daily Show,’ the CNBC host and ‘New York’ columnist apologized before the comedian could get in too many solid blows.
By
Chris Rovzar
made-off
Mar. 12, 2009
Lindgren: Bye Bye Bernie
In the end, Madoff was a lame con man — and a lame story.
By
Hugo Lindgren
let us rejoice and be glad in it
Mar. 12, 2009
U.S. Stocks Post Biggest Three-Day Gain in Months
Some good news, because we just remembered that today is only Thursday and we were bummed out for a minute.
By
Chris Rovzar
made-off
Mar. 12, 2009
Madoff Jailed!
After Bernard Madoff pleaded guilty, Judge Denny Chin revoked his bail.
By
Chris Rovzar
white men with money
Mar. 12, 2009
Bloomberg Is Richest, Most Powerful New Yorker Ever
Well, maybe not EVER. Bruce Wayne was pretty rich and powerful, too.
By
Jessica Coen
the bonus buster
Mar. 11, 2009
Cuomo Finally Scores in Merrill Lynch Bonusgate
He went through all the testimony and found a lie! Or, an inconsistency. Or a mistake. Anyway, something!
By
Jessica Pressler
white men with money
Mar. 11, 2009
Jamie Dimon Is Tired of Being Vilified
He just wants to have a beer and watch the game.
By
Jessica Pressler
finance fiction
Mar. 10, 2009
Vikram Pandit Undermined Again
The Citigroup CEO finally had some good news — and then the government had to go and ruin it.
By
Jessica Pressler
the downturnaround
Mar. 9, 2009
Why Going Rambo Won’t Save Us From the Financial Crisis
More arguments against pessimism porn.
By
Hugo Lindgren
the bonus buster
Mar. 9, 2009
Andrew Cuomo Will Write Letters to Bank of America Until He Can No Longer Hold Pens
Andrew Cuomo is indefatigable!
By
Jessica Pressler
ink-stained wretches
Mar. 9, 2009
New York
Times
Sells Part of New Headquarters
A $225 million sale-leaseback caused a bump in New York Times Company stock.
By
Chris Rovzar
the greatest depression
Mar. 9, 2009
The Humiliations of Tim Geithner
Everyone from Paul Krugman to ‘SNL’ is calling for the Treasury secretary’s head.
By
Jessica Pressler
the downturnaround
Mar. 6, 2009
Barbie: A Beacon of Hope in a Turbulent World
Your semi-regular digest of not-so-terrible economic news.
By
Hugo Lindgren
made-off
Mar. 6, 2009
Bernie Madoff Lied About Everything Else — Why Wouldn’t He Lie About How Much Money He Stole?
That $50 billion figure is probably wrong.
By
Jessica Pressler
made-off
Mar. 6, 2009
Possible Madoff Plea?
Prosecutors have filed a motion indicating that Bernard Madoff may be ready to plead guilty.
By
Jessica Pressler
scenes from a meltdown
Mar. 6, 2009
Bank of America Married a Stranger With Secrets
New, suspicious information about Merrill Lynch has Bank of America rifling through its traders’ belongings, looking for clues.
By
Jessica Pressler
the third terminator
Mar. 5, 2009
Mayor Bloomberg Tries to Get New Yorkers to Buy Lousy Stocks
“Hey! Buy Macy’s and Saks! They’re GREAT!”
By
Jessica Pressler
scenes from a meltdown
Mar. 5, 2009
Citigroup Breaks the Buck
Oh no.
By
Jessica Pressler
brief lives
Mar. 4, 2009
Beautiful Banker David Webb’s Life, in Brief
Parsifal, parsed.
By
Jessica Pressler
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