Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose.
The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the ye...
Households and businesses cut expenses every day. Passing a financial down payment alongside the debt limit sends the right message to the public, and gives members of Congress greater comfort, or cover, depending on your perspective.
The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in the series of mistakes in 2007 and 2008 that led to the financial panic and the ensuing epidemic of...
Think how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.
Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and...
Over time, the welfare state has become dysfunctional in a surprising way. But in a way it became a victim of its own success: It became so successful at prolonging life, that it becomes financially unsustainable, unless you make major changes to thi...
I wanted to build a tool for my generation: people 20 to 40 who don't want to spend time balancing a checkbook or checking multiple financial institutions' websites. Mint does just that, giving comprehensive, quick insights into a user's finances fro...
The 2008 financial crisis is usually attributed to vampire squid greed. There was certainly a lot of that. But it was also just as likely to have been caused by the chaos of process created by those big, sexy bank mergers when, in the name of 'econom...
Tyler Durden: It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium.
I'd say the main way people get into terrible financial trouble is just to spend too much money relative to their income, and that is an endemic problem in the United States of America, and that's the kind of thing that should be taught about in scho...
Obviously it's much easier to say that you're going to follow your passions when you're financially secure, but at least we can take solace in the fact that we now have the time to pursue the things that we really want to pursue because now the optio...
Just as Wall Street needs to break the hold of the bonus culture, which drives risk-taking that is rational for individuals but damaging to the financial system, so science must break the tyranny of the luxury journals. The result will be better rese...
Well, financially it's a little bit better. But it's better than than when I was a teacher. But I kind of - it's allowed me to buy a house. And I've been able to help my mother with some stuff and my brother. So, that's nice.
My job requires me to put on a little dress and run around the streets of New York in heels. But I also had the financial means to hire a yoga teacher to come to my house while my sitter watched the newborn. For 95 percent of the world, that's not re...
It's one of the fundamental principles of the stock market: When interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies - with their sky-high price-to-earnings multiples - should be among the bigg...
I loved doing 'Teachers.' I don't know if it's set me on a road, but it certainly got me out of financial penury for two years. But as much as I love it - and it's a huge sacrifice - as much as I love it, I'm in acting because I'm searching to do lot...
I truly believe that women should be financially independent from their men. And let's face it, money gives men the power to run the show. It gives men the power to define value. They define what's sexy. And men define what's feminine. It's ridiculou...
The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fe...
However, just like any line of work, writing is a negotiation, and creative control is as elusive as financial stability. I discovered that writing could be like cleaning carpets or working in a factory: just a meaningless production of words.
The United States has the most sophisticated financial markets in the world, which does not leave much room to maneuver. But it also offers investors the greatest access to information and the ability to execute trades quickly and efficiently. So it ...
