Daily Archives: November 15, 2011

The 1% is worried. It’s not the drumming in Zuccotti Park or the chants of “shame” keeping them up at night at their Manhattan homes. It’s a business model built to churn out easy money in a bubble that’s sounding … Continue reading →

A childhood friend recently sent me this everyday explanation of credit derivatives, I thought it was very good. (author unknown.  Thanks Ted) Heidi is the proprietor of a bar in Detroit … She realizes that virtually all of her customers … Continue reading →

In a system where the fiduciary cannot be trusted to respect their duties, we cannot expect the masses to see the laws as governing them either. I am reminded of a repugnant case I witnessed as a young criminal lawyer … Continue reading →