Month November 2007

Analyst downgrades Citigroup

And gets death threats for her trouble. But not to worry, she’s married to a former pro wrestler. (Yet again, actual events have made satire increasingly difficult to do.)

Race-based subprime mortgages?

Nearly half of blacks who bought a house in 2005 or 2006 ended up with a high-interest mortgage, compared with 13 percent of white home buyers, according to an Atlanta Journal-Constitution analysis of federal mortgage data. The disparity was striking,…

The Commodore

He was born poor and became the richest man in America. When he was 40, he owned the largest fleet of steamships in the country. Other owners had huge losses from explosion and shipwreck, his philosophy was to hire the…