Wall Street’s Big Bet on a Trump WinGold, bitcoin, prisons, and oil are all thought to be the big moneymakers for the financial class if Trump wins another term.
The Crash of Crypto’s Perpetual Wealth MachineThe implosion of an audacious coin project has left the crypto world shaken, regulators fired up, and a lot of retail investors much poorer.
The Man Who Collapsed Wall StreetLast year, Bill Hwang lost $20 billion in two days, exposing the still-dark corners of Wall Street. This morning, he was arrested for fraud.
Modern Capitalism Is Weirder Than You ThinkThree asset managers now collectively own a big chunk of nearly every corporation. As a result, capitalism no longer works as advertised.
Last Sane Man on Wall StreetNathan Anderson made his name exposing — and betting against — corporate fraud. But short selling in a frothy pandemic economy can be ruinous.