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Over much of the last four decades, John A. Allison IV built BB&T from a local bank in North Carolina into a regional powerhouse that has weathered the economic crisis far better than many of its troubled rivals — largely by avoiding…
Indeed, recent research within the Federal Reserve suggests that many homeowners might have saved tens of thousands of dollars had they held adjustable-rate mortgages rather than fixed-rate mortgages during the past decade, though this would not have been the case,…
Mr. Thompson, President of the United States: The country is in a terrible state. People are starving and giving up, the economy is falling to pieces, nobody is producing any longer. We don’t know what to do about it. You…
The last two weeks, Barron’s economics columnist Gene Epstein has written an excellent two part case for gold: “Greenspan Was Right: The Case for Gold, Part I” (subscription required) “Restoring Balance: The Case for Gold, Part II” (subscription required) The key…
The Atlasphere, a site for fans of Ayn Rand, the author of Atlas Shrugged, has published my expanded review of An American Hedge Fund, by Tim Sykes: “The Odyssey of Star Stock Trader Tim Sykes”.
Shiznit, adj: (1) the best (2) the greatest in a certain category or universally (3) gaddam’ phenomenal, bi-atch! In the spirit of “Malibu’s Most Wanted”, which I had the pleasure of watching last night, and on the occasion of Fed…
“In America, they give you a second chance but not a third.” – Victor Niederhoffer In its most recent issue, The New Yorker ran a fascinating profile of trader and hedge fund manager Victor Niederhoffer. During the 1990s, Niederhoffer, incidentally a…