Search results

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 […]

Friday’s vote took the form of a vote to hold the government in contempt of Parliament for failing to release financial projections about its purchase of 65 fighter jets and certain proposed anti-crime measures. This is the first time in Canadian history a government has been found in contempt of Parliament. But no one who […]

Two years ago, at the nadir of the financial crisis, the urban sociologist Sudhir Venkatesh wondered aloud in the New York Times why no mass protests had arisen against what was clearly a criminal coup by the banks. Where were the pitchforks, the tar, the feathers? Where, more importantly, were the crowds? Venkatesh’s answer was […]