United States of America

Hapless policymakers: Bernanke is as much to blame as Greenspan

11 Mar 2008

Why isn’t every bank like Goldman?

18 Jan 2008

Ironically, it’s because they tried to copy Wall Street’s most successful firm. The banks most scarred by the subprime debacle - like Citi, Merrill and UBS - were infected by what could be called “Goldman envy”. Those that emerged unscathed were relatively immune to the disease.

Inefficient Market: Blackstone Letter

14 Jun 2007

Ponzi nation

8 Feb 2007

Inefficient market: The Perils of Tanzi finance

19 Feb 2004