Wall Street
Kevin Warsh’s Nomination Solidifies Wall Street’s Grip on the Federal Reserve
If confirmed, Kevin Warsh would be the latest Federal Reserve chair whose career took place primarily on Wall Street rather than in academia. The ascent of Wall Street veterans in the Fed risks skewing monetary policy to favor large investors and the wealthiest, writes Franny Philos Sophia.
Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”
In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers and what...
GameStop, the Cantillon Effect, and America’s Corrupt Financial Plumbing
The GameStop frenzy, far from a morality tale of the people showing up Wall Street elites, should show that something is seriously off-kilter about...
How Wall Street Is Devastating Our National Security
Even the Pentagon now realizes that Wall Street’s insatiable appetite for easy profits and love of monopoly has become a clear and present danger...
Option-Based Credit Spreads Signal a Recession, but the US Stimulus Will Soften the Blow
Over the past month, option-based credit spreads spiked and remain at elevated levels. The surge signals that a recession is at our door, but...
The Covid-19 Bailout That Big Business Is Lobbying for Could Make America Unrecognizable
Supporting industries is necessary to mitigate the economic impact of the pandemic. But using the coronavirus as an excuse, Boeing and other companies are...
How Covid-19 Infected Global Financial Markets: a Webinar
Princeton Professor Markus Brunnermeier and Torsten Slok, Chief Economist for Deutsche Bank Securities, discuss what happened during Wall Street's worst week since the 2008...
Five Conditions for Corporations About to Receive Coronavirus Bailouts
Wall Street and the Federal Reserve are getting ready for massive bailouts, so here are the conditions to put on large corporations who need...
Bethany McLean’s Weekend Reading List: Coronavirus Special Issue
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
This is by far my favorite headline of...
Bethany McLean’s Weekend Reading List: Flash Crash, Alaska, and Venture Capital
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
Remember the flash crash of 2010? Here's...
