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Daily Archives: October 18, 2011
Nassim Taleb on OWS and the present state of global banking
Nassim Taleb, author of “The Black Swan” and a New York University professor, discusses recent bank earnings and their plague on the global economy as well as his concerns about the OWS movement. Watch the Bloomberg interview here. Banks are staging … Continue reading
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“Retirement Heist”: the truth behind plundered pensions
A new book from Wall Street Journal columnist Ellen Schultz “Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers” (hat tip Peter) takes a hard look at the math behind failing corporate pension plans today. Corporations have … Continue reading
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The messy process of consensus building in a democracy
I find the optimism and hope of the Occupy movement to be fascinating, naive, and inspiring. We live in a time of many critics but too few who are willing to actually get up off the couch to teach, lead and … Continue reading
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