New column: Thunderbird MBAs take the Oath

My column for this week is online. Except it’s not really my column—it’s a part of the cover package on The Future of Work. I’d written it as a my regular one-page column, then was informed at the last minute that I needed to cut it by 20% and add a couple of sentences about, [...]

Jim Cramer has a thing about Jon Stewart, and other revelations

This is a (much-abridged) video of my interview for TIME’s 10 Questions with CNBC’s Jim Cramer. And here’s the print version. I know some of you deeply disapprove of him. And I admit that it’s a weirdly constrained interview, given that my job was simply to ask questions posed by TIME.com readers. I did a [...]

FDIC economist pushes aggressive new approach to banks

This was just forwarded to me by former Curious Capitalist guest blogger Mark Gimein: KANSAS CITY, Mo. (AP) — An economist on leave from the federal agency that insures bank deposits has been charged with the April 11 attempted robbery of a Kansas City-area bank. Jeff Walser said he had a bomb in his briefcase [...]

How much is the housing help helping?

The New York Times offers a dubious account of how quickly federal efforts to prevent foreclosures are taking hold. I got at that a bit in a story I wrote a couple weeks ago. Though I’m not quite as quick to pass judgement. When I wrote that piece in late-April, the Feds had only just [...]

Elizabeth Warren 1, Adam Davidson 0.5

I tend to get around to listening to podcasts long after they were recorded (other than the all-important Deutsche Welle Nachrichten podcasts, which have the advantage of being only 5 minutes long), so it was only on this morning’s subway ride to work that I got to last week’s semi-notorious Planet Money shouting match between [...]

If consumer spending won’t grow, what will?

I’ve written yet another in my continuing series of TIME.com pieces explaining that just because the economy is no longer falling off a cliff doesn’t mean it’s about to start booming. This time it’s about consumer spending and the pokey trajectory it’s likely to follow going forward, meaning that other sectors of the economy will [...]

You, too, are to blame for your credit-card debt

I’m already getting hate mail for having suggested that Americans’ epic struggle with credit-card debt isn’t entirely the fault of big, bad credit card companies. Guess that’s not what we’re in the mood to hear. The irony is that if you actually read my story past the headline (which I didn’t write), you’ll see that [...]

Battle of the Bears (the Bear Stearns books, that is)

Justin’s not the only one hitting the book-party circuit. Last night I went to a shindig for Kate Kelly’s new book, Street Fighters: The Last 72 Hours of Bear Stearns, the Toughtest Firm on Wall Street. I saw in the comments section of Justin’s post that rrsafety plans to read the “Bear Stearns books”—which I [...]

The ‘Myth of the Rational Market’ gets less mythical

I just got these. The first honest-to-goodness copies of my book. Barack Obama, Jack Bogle and Clarence Seedorf are all very excited and I am too. As my publicity campaign gears up (the official publication date is June 9), I’m going to try not to plug the book too mercilessly on this blog—which is after [...]

Gillian Tett tells how JP Morgan made credit derivatives big, then backed off before they blew up

The FT hosted a breakfast this morning where Gillian Tett promoted her new book about derivatives and the financial crisis, Fool’s Gold. There was a great moment during the Q&A when NYT columnist Joe Nocera started off, “There’s this character in your book, Mark Brickell …” “He’s sitting behind you,” Tett interrupted. At which point [...]