Fodder for conversation at the holiday dinner table

Next week is supposed to be a slow one here at Time, so I won’t be popping up on the Curious Capitalist super-often. Let me leave you with something to toss into the conversation when your family starts talking about the economy. No matter which winter solstice celebration you observe, I’m guessing it’s going to [...]

Were U.S. banks really smart enough to avoid Madoff?

The suspicious folks at Westlaw’s Legal Currents ask: With the Madoff Securities $50 billion Ponzi scheme touching so many investors, we at Westlaw Business remain shocked. Not for the reason everyone else is, though – our shock derives from the seeming insulation of U.S. financial institutions and operating businesses from all this. Not a single [...]

The people behind the Bernie Madoff video were had, too

The Philoctetes Center for the Multidisciplinary Study of the Imagination, the charming little Upper East Side institution that hosted the panel discussion with Bernie Madoff that I moderated (normally their events are more interesting, like this Saturday’s show-and-tell with Bela Fleck), videotaped it, and put the video online so all the cable networks could get [...]

The auto bailout: Treading water until the new guy takes over

The $17.4 billion auto bailout package that President Bush announced this morning is a stopgap measure intended to keep GM and Chrysler alive until the Obama administration and the new Congress can figure out what to do about them. This is exactly what the Democratic congressional leadership wanted to have happen and it’s about the [...]

The Paulson interview

Here’s the video of my interview last week with Hank Paulson. (Don’t worry, it’s not the whole interview. Just five minutes worth.)