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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
the greatest depression
Mar. 3, 2009
‘I’m Sorry, I’m Going to Have to Rob Your Store a Little’
A lot of people expect that our impending economic doom will be accompanied by a lapse in social mores. We’re not so sure.
By
Jessica Pressler
early and often
Mar. 3, 2009
Ben Bernanke Is Angry About AIG
And boy, does he look it.
By
Jessica Pressler
fusterclucks
Mar. 3, 2009
Rick Santelli Wants to Set the Record Straight
His rant wasn’t scripted by the far right, the reporter says. Furthermore, he’s always been insane, and he loves Obama, okay? LOVES. HIM.
By
Jessica Pressler
the greatest depression
Mar. 3, 2009
Finance Groupies Reevaluate Priorities in Light of Economy
What does dating a banker really mean to them? Oh, it’s the same.
By
Jessica Pressler
things that make us feel cheap
Mar. 2, 2009
AIG Has Been Losing $465,421 Per Minute
Let’s put that in perspective.
By
Jessica Pressler
the downturnaround
Mar. 2, 2009
The Stephon Marbury Model of Economic Recovery
Even the Knicks’ most toxic asset looks good next to the banks!
By
Hugo Lindgren
made-off
Mar. 2, 2009
The Noels Were Coarse, Nouveau Riche Social Climbers, Say Snobs
But, to be honest, they weren’t really very different from the old riche social climbers.
By
Jessica Pressler
early and often
Mar. 1, 2009
Is Rick Santelli Part of the Vast Right-Wing Conspiracy? CNBC Responds
No and yes.
By
Jessica Pressler
pessimism porn
Feb. 27, 2009
Talking Shop With a ‘Vulture’ Investor
“I told my wife I’m putting gold bars and shotguns under our bed.”
By
Hugo Lindgren
the downturnaround
Feb. 26, 2009
Niall Ferguson: ‘People Just Have to Get Over the Fact That Their Wealth Wasn’t Worth What They Thought It Was’
In which a famed demon of doom gets over himself.
By
Hugo Lindgren
the great stimulation
Feb. 26, 2009
Vikram Pandit Will Survive!
He’s not getting dumped after all.
By
Jessica Pressler
scenes from a meltdown
Feb. 24, 2009
Tim Geithner Has to Work Out This Economy Thing All by Himself
No wonder he looks so nervous all the time.
By
Jessica Pressler
the downturnaround
Feb. 24, 2009
Dr. Doom Sees an End to the Misery
We think this is a good sign?
By
Hugo Lindgren
scenes from a meltdown
Feb. 24, 2009
Bernanke: If Our Plan Works, Then It Will Work
The Fed chairman sounded a somewhat Rumsfeldian note in his largely gloomy report on the state of the economy this morning.
By
Jessica Pressler
white men with money
Feb. 24, 2009
‘There Is No Connection Between The Bidens and Allen Stanford’
Except the connection between the Bidens and Stanford.
By
Jessica Pressler
scenes from a meltdown
Feb. 24, 2009
Why the Government Is Hesitant About the Whole Nationalization Thing
In a nutshell.
By
Jessica Pressler
white men with rugs
Feb. 23, 2009
John Thain Refuses to Reveal the Information
Six sweaty hours in a room with the Bonus Buster, and the former Merrill Lynch CEO still wouldn’t give up the goods.
By
Jessica Pressler
the greatest depression
Feb. 23, 2009
It’s 1997 All Over Again
And is that really so bad?
By
Jessica Pressler
the greatest depression
Feb. 23, 2009
Top Freak-outs of the Financial Crisis (So Far)
It’s not just the economy that’s been melting down. It’s pundits and politicians, too.
By
Jessica Pressler
scenes from a meltdown
Feb. 23, 2009
Meanwhile, AIG Needs to Borrow Another Few Billion or So
It’s just a loan. It won’t spend it on spas this time. For real!
By
Jessica Pressler
the downturnaround
Feb. 23, 2009
The Consumer Spirit Continues to Endure
Ain’t no recession going to keep us from our sausage, or our Louis Vuitton.
By
Hugo Lindgren
the greatest depression
Feb. 23, 2009
Vikram Pandit Gets to Keep His Crap Job Till Someone Better Comes Along
In which we feel a twinge of pity for the Citigroup CEO.
By
Jessica Pressler
talking heads
Feb. 20, 2009
The White House Would Be Happy to Tutor Rick Santelli If He Needs It
White House Press Secretary Robert Gibbs batted off the CNBC reporter’s attack with the aplomb of Regina George.
By
Jessica Pressler
made-off
Feb. 20, 2009
Bernie Madoff Hadn’t Bought Securities for Clients in Years
The trustee liquidating Bernard Madoff’s investment firm confirmed today that the securities trader hadn’t bought securities for thirteen years.
By
Jessica Pressler
the downturnaround
Feb. 20, 2009
Paul Krugman and David Brooks Disagree on the Downturnaround
The ‘Times’ columnists duel, using metaphors as weapons.
By
Hugo Lindgren
ballsy crime
Feb. 20, 2009
FBI’s Interaction With R. Allen Stanford Actually Kind of Pleasant, Bland
The “man hunt” for the Texas financier ended with a handshake, not handcuffs.
By
Jessica Pressler
analysts say the darndest things
Feb. 19, 2009
Maybe the Economy Is Just Tired and Overstimulated and Needs a Nice Mug of Warm Milk to Calm It Down
The markets are on the slide again, an analyst says, because they’re “exhausted.”
By
Jessica Pressler
the greatest depression
Feb. 19, 2009
Greatest Depression Forces Men to Get Pretty
To compete in this marketplace, “you need to look good,” says Botox-ed dude.
By
Jessica Pressler
the great revelation
Feb. 19, 2009
Swiss May Finally Be Dragged Into World’s Mess
The Greatest Depression has forced the Swiss to unlock their greatest secrets.
By
Hugo Lindgren
Feb. 18, 2009
Oppenheimer Analyst Meredith Whitney Is Striking Out on Her Own
After all that they’ve been through, we know they’re cool.
By
Jessica Pressler
the great stimulation
Feb. 18, 2009
Obama Promises Housing Plan Will Help Only the
Nice
Homeowners
The naughty ones had better watch out.
By
Jessica Pressler
summary judgment
Feb. 18, 2009
Alan Greenspan’s Change of Heart
Why the former Federal Reserve chairman’s late-career turnaround is like others before him, and why it’s different.
By
Hugo Lindgren
made-off
Feb. 17, 2009
At Last, a Way to Smash Bernie’s Balls
A new toy for those scammed by the Ponz.
By
Jessica Pressler
white men with money
Feb. 13, 2009
So, What Did You Do Today, John Paulson?
For the hedge-fund rock star, Friday the 13th was lucky.
By
Jessica Pressler
the greatest depression
Feb. 13, 2009
Times
Columnists in Smackdown!
Somebody had to separate these two Goliaths of the op-ed page.
By
Hugo Lindgren
bright ideas
Feb. 13, 2009
How Cool Would a Microsoft Store Be in New York?
About as cool as we would imagine.
By
Jon Methven
the greatest depression
Feb. 13, 2009
For Hundreds of Lawyers, It’s Going to Be a Long Weekend
They’ll have President’s Day off … and then every day thereafter.
By
Jessica Pressler
geniuses
Feb. 13, 2009
Flying Financier Marcus Schrenker’s Wife Was ‘Shocked’ He Turned Out to Be a Wackjob
The wife of disgraced financier Marcus Schrenker went on the ‘Today’ show this morning to clear her name.
By
Jessica Pressler
white men with money
Feb. 13, 2009
Will R. Allen Stanford Top Bernie Madoff?
The SEC is looking into the Caribbean-based financier, who has $51 billion under management.
By
Hugo Lindgren
the bonus buster
Feb. 12, 2009
Merrill’s Decision to Pay Out $3.6 Billion in Bonuses Is ‘Nothing Short of Staggering,’ Says Cuomo
The Bonus Buster is LITERALLY freaking out about Merrill Lynch.
By
Jessica Pressler
great minds
Feb. 12, 2009
Keynesian Economist Katie Lee Joel Nails the Paradox of the Greatest Depression
The cookbook author and wife of Billy Joel offers some familiar counsel.
By
Jessica Pressler
old crime
Feb. 12, 2009
Arthur Nadel Is in New York!
The Florida Ponzi-schemer, 76, comes home to be with his people.
By
Jessica Pressler
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