The house that Meg Whitman built

I’m on the Princeton campus, where I spoke earlier this afternoon on a panel on careers in the publishing industry (there will still be careers in the publishing industry, right?) and visited a guy named Krugman. The big excitement, though, was seeing what use Meg Whitman’s $30 million has been put to. The money went [...]

Get that company stock out of your 401(k). Please

There’s a moment in the documentary Enron: The Smartest Guys in the Room (it’s also in the book, on page 242) where the company’s head of HR is asked at a December 1999 employee meeting, “Should we invest all of our 401(k) in Enron stock?” “Absolutely! Don’t you guys agree?” she says, looking over at [...]

Hard times ahead (maybe)

My latest column is up online, and in the issue of Time with the penguin on the cover. It begins: There are those who fret that current troubles in real estate will lead to an economic slowdown, maybe a recession. Then there’s Peter Schiff. “Our standard of living is going to decline,” the Connecticut stockbroker [...]