A Tiger Can’t Change Its Stripes
What do you get when you give a raccoon billions of dollars AND invisibility from regulators? Collusion and insider trading.
Tag: raccoon
Facebook Delenda Est
More than any other company, Facebook is undermining our democracy and our most integral political rights.
More than any other company, Facebook has …
When Was I Radicalized? (Boeing edition)
I think it's impossible to separate management self-enrichment through stock-based comp from the practice of stock buybacks.
Frauds and Traitors
Throwing words like "Fraud!" and "Traitor!" around so casually ... it doesn't reveal the true frauds and the true traitors.
It makes it easier for t…
They’re Not Even Pretending Anymore
Now that Jay Powell's semi-annual Congressional testimony has finished up, it's time for a brief walk down Memory Lane.
As with everything else in o…
Things Fall Apart (Part 4)
Take back your vote.
Take back your distance.
Take back your data.
How to make our way as citizens in a fallen world, with Clear Eyes and Full Hearts…
But Our Interests Are Aligned!
The modern use of stock-based compensation is a confidence game, in the true sense of the word, that would be very familiar to the Music Man (but he d…
Repo 105
Every time Dick Fuld’s publicists succeed in getting a “redemption story” published in the WSJ or NYT, I’m going to write an ET piece about Re…
Too Clever By Half
The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. When too clever by half…