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Vanity Fair
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Michael Lewis slams Goldman Sachs
Michael Lewis, of Liar's Poker and The Big Short fame , has some dismaying words for Goldman Sachs (NYSE: GS ) in an interview with Vanity Fair .
"The world would be better off without Goldman Sachs, and I don't think it is just Goldman Sachs the world would better off wit
Steve Rattner's fall from grace
Is Steve Rattner in denial? The one-time Golden Boy of Wall Street--and I do mean golden--has been tarnished. But does he realize that? Does he understand that he is no longer the Steve Rattner of old but rather Steve Rattner who got tripped up in a pay-to-play scandal and just might be charged?
Wow! A riveting look at an unorthodox fund manager
When we think about the hedge fund ( hedge fund news) managers who made a killing betting against mortgage-related bonds we think of the likes of John Paulson. But the guy who was onto all of this before any of the others was Michael Burry, the most successful bond investor you never heard of.
Vanity Fair weighs in on Goldman Sachs
It's tempting to interpret the Vanity Fair article on Goldman Sachs ( GS ) as more media piling on. But the fact is it may actually be doing the firm some good. For one thing, it passed on the now obligatory Vampire Squid reference. For another thing, it may have humanized the firm a bit, no
The Bernard Madoff you never knew
As only a secretary could tell it: "Sometimes when he came out of his bathroom, which was diagonal to my desk, he would still be zipping up his pants. If he saw me shaking my head disapprovingly, he would say 'Oh, you know it excites you,'" Eleanor Squillari, Madoff's secretary of more than 20 yea
Fortress loss bigger than expected
Fortress has certainly been in the news a lot recently. In the wake of the Vanity Fair article that held it up as a prime symbol of the times , it has released fourth quarter earnings, and the results are not pretty. The hedge fund and private equity fund lost $140 million ($1.50 a share),
Fortress, the once and future king of hedge funds?
For a big-picture look at the modern hedge fund, check out Vanity Fair 's article on Fortress Investment Group, the pioneering alternative investment giant that went public back in February 2007. The five founders made billions but my how they've fallen--and taken investors with them. The stock
Society family embroiled in Madoff scandal
For some people, Walter Noel had "made it" when he and his "five stunning daughters" were featured in Vanity Fair under the headline "Golden in Greenwich." His fortune and social standing were built on his ties to Bernard Madoff. His Fairfield Greenwich Group basically existed to place investo
