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It's been a relief to dip into the pink pages of the Financial Times, which has spent the week cogitating on the election in its op-ed pages. Continue reading
Vipal Monga, senior writer, and Robert Teitelman, The Deal's editor in chief, discuss two recent books about financial history: Felix Rohaytn's "Dealings," and Michael Hirsh's "Capital Offense." Continue reading
Much of wealth is abstract: You can see the mansion or the shack, the Bentley or the Civic. But you can't see financial assets in a bank (and you can't see the debt either). Continue reading
Felix Rohatyn has written his memoirs, 'Dealings: A Political and Financial Life.' It's a fairly thin book, particularly considering the density and length of his career, and it has real charm. Continue reading
The Deal's Vipal Monga and Robert Teitelman discuss the rise of China and the perceived decline of the United States. Continue reading
John Kay in the Financial Times Wednesday makes an excellent observation: 'Manufacturing fetishism is back.' Continue reading
The big vs. small finance debate. Continue reading
There is a long and distinguished literature on what's known, in the sniffy French, as 'la trahison des clercs' -- the betrayal of the intellectuals. 'Capital Offense' makes its own contribution to that genre. Continue reading
Felix Salmon finally gets his hands on a report from the inspector general of the Securities and Exchange Commission looking into the agency's case against Goldman Sachs. Continue reading
The Harvard Law School Forum on Corporate Governance and Financial Regulation offered up a report that would seemingly be of interest to only the most devoted of governance geeks: a report from the $400 million in assets Nathan Cummings Foundation. Now that's a way to attract traffic, eh? Continue reading
Readers of The Deal magazine will notice that we're running an excerpt of David Carey and John E. Morris' 'King of Capital' in the Oct. 4 issue. Continue reading
Teitelman on pointing the finger for the financial crisis. Continue reading
The New Republic posted a short essay by Princeton University historian David Bell discussing a tight little ball of intertwined themes: declinism, competitiveness and the threat posed by an ascendant rival. Continue reading
The end of TARP is the longest goodbye since Franco died. Everyone with any punditry credentials has felt compelled to weigh in, thus rehashing all the old debates and picking at all the old wounds. Continue reading
Last week, Harvard Law professor John Coates IV posted a paper that attempts to pin down the cost to shareholders of corporate political activity. Continue reading
Why is a White House housecleaning of economists so regular? Continue reading
Justin Fox at the Harvard Business Review put a post up that is fertile in a variety of ways, not to say bracingly self-critical. Continue reading
