How Bernie Made Off: Are we safe from the next Ponzi scheme?
Bernard Madoff may be a fading memory from the past, but for reporter Steve Fishman, the fallen financier’s story holds lessons for today. Madoff masterminded one of the biggest Ponzi schemes in...
View ArticleThis innovation could lead to the next financial crisis
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on October 4, 2017. Photo by REUTERS/Brendan McDermidHistory might not repeat itself, but it does rhyme. Robert Z. Aliber, an...
View ArticleHow Jared Kushner and others gerrymander to sell visas to foreigners — at a...
“It stands before you like a beacon. This is Jersey City like you’ve never seen it before. This is Trump Bay Street.”Well, the view from Trump Bay State (to correct the building’s website slightly),...
View ArticleTrump's Plan to Pay for Roads and Highways
This week, testimony by former FBI Director James Comey dominated the headlines.For President Trump, however, it was Infrastructure Week. He spent several days promoting his plan to rebuild the...
View ArticleBanks should be more like the FT
Lucy Kellaway says there is a need for a new investment bank that would sell itself on low pay Lucy Kellaway says there is a need for a new investment bank that would sell itself on low pay
View ArticleCan President Hollande turn things around?
This week the French government announced a multi-billion euro programme of investment, designed to boost the economy and President Hollande's flagging poll ratings. In this podcast, Gideon Rachman is...
View ArticleBosses fail the 10-year-old test
Lucy Kellaway says that a CEO ought to be able to explain what he does in a way a child can grasp Lucy Kellaway says that a CEO ought to be able to explain what he does in a way a child can grasp
View ArticleJacqueline Novogratz — A Different Kind of Capitalism
The devastation of the Haiti earthquakes and the lack of infrastructure for responding to the disaster have deepened an ongoing debate over foreign aid, international development, and helping the...
View ArticleThe Business Case for Workplace Equality
Sallie Krawcheck, CEO of Ellevest, an innovative digital investment platform designed to help women reach their financial goals, and author of Own It: The Power of Women at Work, offers women a new set...
View ArticleA Defiant Optimist Creates a New Kind of Stock Exchange
Click on the 'Listen' button above to hear this interview. Durreen Shahnaz calls herself a “defiant optimist.” She’s the first Bangladeshi woman to graduate from the Wharton School of Business and to...
View ArticleMy Awkward Money Talk With Sallie Krawcheck
Before she was a Wall Street executive or the CEO of an investment company for women, Sallie Krawcheck was a little kid, listening to her parents fight about money. "You just knew, once a month, they...
View ArticleHow have Chicken Little’s investments fared in this rough year for stocks?
Paul Solman calls Terry Burnham the “Chicken Little” of finance because of his repeated calls that the Dow will plummet. So how does Burnham invest his own money? Today, he explains. Photo by Amit...
View ArticleChanges for Retirement Savers
If you’re saving for retirement and you give your money over to financial professionals, a slogan of theirs might be “we put customers first.” Well, until recently that was just a marketing strategy;...
View ArticleHow the Financial Sector Lost Sight of Its Primary Purpose
John Kay critiques the Western finance culture and function. In Other People’s Money: The Real Business of Finance, he argues that the finance sector is too large and attracts too many of the smartest...
View ArticleThe Con Man and His Mentor
Do you remember Ted Liming? He’s a truck driver from North Dakota we met in an earlier episode. He was looking for a safe place to invest a substantial sum of money and stumbled upon...
View ArticleSilk Road Redux - a conversation with Tobias Buck
We talk to Tobias Buck, Madrid correspondent, about the series of FT articles that investigated the modern trail of Chinese investment, migration and ambition in Europe, and he answers a selection of...
View ArticleThe Volcker Rule and You
Heidi Moore, finance and economics editor at The Guardian, talks about the new financial regulation restricting how banks can trade securities and invest with their own funds.
View ArticleU.S. Invests in Africa
John Campbell, Senior Fellow for Africa Policy Studies at the Council on Foreign Relations, discusses President Obama's trip to Africa and how U.S. policy toward the continent has changed since the...
View ArticleQ&A | 5 Questions With an Investor on 401Ks After Stocks Swing
After another volatile day on Wall Street, WNYC checked in with Erika Safran founder of Safran Wealth Advisors, to see how her clients — many retired and living off of their 401Ks and investments — are...
View ArticleA Good Speech, But to the Wrong Audience
Last night I watched with 100 of my fellow political junkies as President Obama gave his third State of the Union address. We tweeted along, in earnest, with mostly substantive commentary, though the...
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