Archive for the ‘Wall Street’ Category

Betting on the Blind Side

Monday, March 8th, 2010

Vanity Fair is carrying an excerpt of The Big Short: Inside the Doomsday Machine by Michael Lewis, to be published this month by W. W. Norton; © 2010.

Goldman Trader Shares Three Big Ideas With Lloyd

Monday, February 22nd, 2010

ML’s latest satirical column on Bloomberg.

Each year, for example, Goldman Sachs might announce a grand national competition, much like “American Idol.” Finalists will appear before a national television audience to be judged by a panel of three  rather ordinary  looking Goldman executives. On stage they will perform various Wall Street tricks: negotiating with Tim Geithner, lobbying the Senate Banking Committee, designing securities that blow up, selling bonds to Germans, etc.

The winner receives a job at Goldman Sachs.

Terrence McNally interviews Michael Lewis

Monday, August 3rd, 2009

The Huffington Post‘s business writer Terrence McNally interviews Michael Lewis about Home Game and the financial crisis:

Audio:
Terrence McNally’s Podcast interview
– Also available on iTunes (55 min 39 sec)

Follow-up on Huffingpost.com:
Part 1:  The Rules of the Game Were Totally Screwed Up

Part 2:  There’s a Real Chance There’s Going to Be an Uprising

Bashing Goldman Sachs Is Simply a Game for Fools

Tuesday, July 28th, 2009

ML takes a jab at the almighty Goldman Sachs in his latest satirical column on Bloomberg. Tip of the hat to Matt Taibbi’s article in this month’s Rolling Stone about Goldman:

Rumor No. 5: Goldman Sachs is “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

Those words are of course taken from a recent issue of Rolling Stone magazine and they are transparently false.

For starters, the vampire squid doesn’t feed on human flesh. Ergo, no vampire squid would ever wrap itself around the face of humanity, except by accident. And nothing that happens at Goldman Sachs — nothing that Goldman Sachs thinks, nothing that Goldman Sachs feels, nothing that Goldman Sachs does –ever happens by accident.