I want to say

I want to say something, and it may sound harsh, not to you, but to the American people. In a sense, in my view, the business model of Wall Street is fraud. It’s fraud. I believe that corruption is rampant, and the fact that major bank after major bank has reached multi billion dollar settlements … Read more

Debt, weve learned, is

Debt, weve learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains – pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies – but all require one similar ingredient to create a true crisis: too much leverage. Andrew Ross Sorkin

Most companies aim to

Most companies aim to get bigger. But beyond a certain point, bigness becomes synonymous with badness. Think of Big Pharma, Big Auto, Big Oil. Worse, if you are regularly described as one of the Big Four, Five, or Six in any business sector, you are probably already in the sights of regulators and lawmakers. Andrew … Read more

Passion, though a bad

Passion, though a bad regulator, is a powerful spring. Any absorbing passion has the effect to deliver from the little coils and cares of every day: ’tis the heat which sets our human atoms spinning, overcomes the friction of crossing thresholds, and first addresses in society, and gives us a good start and speed, easy … Read more