Tag Archives: front-running

The complaisant watchdog: how the press missed the Madoff scandal

The Wall Street Journal and the New York Times slept while Bernie Madoff swindled. [Article first published in CounterPunch. To read the original click here.] An old maxim has it that newspa¬≠per editors separate the wheat from the chaff, then … Continue reading

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Finance: A cuckoo in the economy’s nest

Much of my September 1999 book In Praise of Hard Industries was quickly vindicated when America’s New Economy boom collapsed in 2000. But until recently my baleful analysis of the growth in financial services — “the economics of the cancer … Continue reading

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