JPMorganChase’s Jamie Dimon noted this week that today’s credit environment echoes what preceded the 2008 crash.
He wasn’t exaggerating.
The Web of Jeffrey Epstein’s Lawyers and Bankers
Jeffrey Epstein destroyed lives.
He also did business with some of the most powerful lawyers and banks in America.
Careers fell. Institutions didn’t.
Trump’s Moroungate and GM’s Biden White House
A primer on why people who control White Houses shouldn’t throw stones.
Donald Trump’s Gordie Howe Bridge Too Far
Here’s why Trump supporters should be at the front of the line demanding Commerce Secretary Howard Lutnick’s resignation over the Gordie Howe Bridge debacle.
When the World Talks Like Donald J. Trump
Imitation is the sincerest form of flattery. President Trump can take pride that leading political and business figures mimic his rhetoric and tone.
His critics should consider the implications.
The Davos Elite vs. GM’s Detroit Factory Zero
The Davos elite and GM’s Factory Zero workers in Detroit live in parallel universes.
One gets fawning corporate media coverage, access, and spectacle. The other gets layoffs, uncertainty, and attention only from a socialist website.
China’s EVs Expose the Lost American Dream
After driving a Chinese EV for several weeks, Wall Street Journal technology columnist Joanna Stern wrote that she would prefer never to buy an American-made vehicle again.
If middle-class Americans fully understood why their counterparts in China can buy far more technologically advanced vehicles for considerably less, the reaction here would be anything but complacent.
On Replacing CBS News with Rocky & Bullwinkle
The biggest threat to journalism isn’t President Trump. It’s what corporate journalists have become.
The Powerhouse Lawyers Defending GM and Ford
At General Motors and Ford, litigation is no longer a side effect of doing business. It is a core business function.
The résumés of the lawyers running point at both automakers reflect how central legal strategy has become.
Ponzi Schemes & Wall Street’s Dumb Money
Bulls make money. Bears make money. Pigs get slaughtered.
Some thoughts on Ponzi schemes, perfectly legal Wall Street products that burn retail investors, and why doctors and small business owners are often the easiest targets.