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It remains nearly impossible for investors to understand what’s going on inside the big banks—and what risks they’re taking on: “When we asked Dane Holmes, the head of investor relations at Goldman Sachs, why so few people trust big banks, he told us, ‘People don’t understand the banks,’ because ‘there is a lack of transparency.’ […]

How much blame for the financial crisis should be placed on people like Robert Rubin, former Clinton Treasury Secretary and Citigroup chairman? A fresh look at the decisions he made: Like many Rubin defenders, Sheryl Sandberg suspects that her mentor has become a scapegoat for events beyond comprehension. ‘My own view is that, look, these […]

A look at the women who work as “Internet cam girls,” and the criminal activity that may be occurring behind some of the cam networks: “‘Cam sites are ideal for laundering. The studios are being used to have girls online accepting a financed hand that uses ‘dirty’ money to buy the private time. The studio […]

A look at the rise of the hactivist group Anonymous, and why they’ve targeted certain organizations: “On February 5, 2011, the Financial Times quoted Aaron Barr, CEO of a security company called HBGary Federal, as saying that he had uncovered the leadership of Anonymous. He claimed the group had around 30 active members, including 10 […]

Why was New York Times CEO Janet Robinson fired? A look inside the political battles and financial troubles that led Arthur ­Sulzberger to let Robinson go (with a $24 million exit package): “Interviews with more than 30 people who are intimately familiar with different aspects of the Times’ business (none but a spokesperson would speak […]

The Bank of England’s Andrew Haldane on banking, risk and how to bring social and financial equity back into the system: “Consider the effects of the too-big-to-fail problem on risk-taking incentives. If banks know they will be bailed out, those holding their debt will be less likely to price the risk of failure for themselves. […]

An FBI spokesperson says that for the time being the agency is not commenting on the case. But already the investigation has provided a window into yet another layer of corruption that took place amid the national housing boom and its subsequent hangover—a period that saw a surge in real estate malfeasance of every imaginable […]

Depending where you fall on the spectrum between civil liberties absolutism and homeland security lockdown, Palantir’s technology is either creepy or heroic. Judging by the company’s growth, opinion in Washington and elsewhere has veered toward the latter. Palantir has built a customer list that includes the U.S. Defense Dept., CIA, FBI, Army, Marines, Air Force, […]

He can write about these kinds of people with such skill in part because he is one of them. At a time of peril for his industry, Lewis has managed to build what amounts to a personal empire of long-form journalism, with a Warren Buffett-like collection of brands and eye for the next big thing. […]

Thanks to an eccentric New York lawyer in the 1930s, this college in a corner of the Catskills inherited a thousand-year trust that would not mature until the year 2936: a gift whose accumulated compound interest, the New York Times reported in 1961, “could ultimately shatter the nation’s financial structure.” The mossy stone walls and […]