Posted inEditor's Pick

Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?

Programmer Sergey Aleynikov was sentenced to eight years in federal prison for downloading 8 megabytes of code he worked on from Goldman Sachs’s high-frequency stock-trading system. Financial journalist Michael Lewis investigates how Aleynikov was punished for something only a few people understand, and holds a “kind of second trial” for Aleynikov so he can be […]

Posted inEditor's Pick

California and Bust

The smart money says the U.S. economy will splinter, with some states thriving, some states not, and all eyes are on California as the nightmare scenario. After a hair-raising visit with former governor Arnold Schwarzenegger, who explains why the Golden State has cratered, Michael Lewis goes where the buck literally stops—the local level, where the […]

Posted inEditor's Pick

It’s the Economy, Dummkopf!

With Greece and Ireland in economic shreds, while Portugal, Spain, and perhaps even Italy head south, only one nation can save Europe from financial Armageddon: a highly reluctant Germany. The ironies—like the fact that bankers from Düsseldorf were the ultimate patsies in Wall Street’s con game—pile up quickly as Michael Lewis investigates German attitudes toward […]

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