Ebay surfing is one of my favorite activities. Just for fun, I typed in “Lehman Brothers” yesterday and found 271 items. Turns out Lehman Brothers produced a considerable amount of company SWAG while structuring collaterized debt obligations and credit default…
Read More“Creativity takes courage,” Matisse said. This week Fauvist artists like him will have center stage at Sotheby’s auction house. It is appropriate. The Fauves were the outcasts of the art world. Their name, translated “Wild Beasts,” was coined by art critic,…
Read MoreElon Musk, Tesla and Space X CEO, is not the obvious spokesperson for inequality. Musk commands sizable wealth (some $14 billion) and is among the most elite of tech CEO’s. He takes a minimum wage salary, which many see as…
Read MoreI loved Oliver Stone’s first Wall Street. Bud Fox, the young, ambitious stockbroker is taken under the wing of corporate raider, Gordon Gekko. Gekko, the self-proclaimed prophet of greed, favors custom-made light blue shirts and suspenders. His office features many…
Read MoreEarlier this month the Major League Baseball Association celebrated Jackie Robinson Day. Every player wore Robinson’s jersey number 42 to commemorate Robinson who was the first African-American to play in the league. When Robinson walked onto Ebbets Field on April…
Read MoreThe people who take care of society’s most vulnerable (the disabled, elderly, and children) are in fact the people most vulnerable themselves to labor abuses. According to the National Domestic Workers Alliance, 23% of domestic workers are paid below minimum…
Read More62% of American jobs may be at risk from robots. That was the take-away from President Obama’s February Economic Report to Congress. And once again, it is the most vulnerable among us (those making $20 or less an hour) that…
Read MoreRelease of the Panama Papers and Pfizer’s thwarted tax inversion scheme arrived just in time for tax season. While we gather our W-2’s and organize our itemized deductions, we might ask ourselves why we play by the rules. The rich…
Read MoreIt’s eight years after the economic collapse of 2008, but for many, the “recovery” has been weak. Wall Street’s recovery has not been felt by Main Street and many now subscribe to the idea the economy is rigged against them.…
Read MoreNew research from Kauffman Foundation finds new businesses account for a greater share of new job creation than firms over five years old. An estimated 20% of all new jobs come from new firms. An estimated 1.5 million jobs over…
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