Daily Intelligencer - New York Magazine (Free subscription) | 8 hours ago
Probably not: The former Lehman Brothers CEO is just a little late paying the $212,000 in annual property tax on his Jupiter Island home, is all, but William D. Cohan is 900 words of worried. [ Daily Beast ] Read more posts by Jessica Pressler Filed Under: the gorilla , at this rate cohan should be able to pay his own property taxes this year , business , dick fuld , real estate...
Health Care Renewal (Free subscription) | yesterday
The global financial melt-down, or great recession, or whatever it will be called was a big surprise in September, 2008, to those of us not immersed in finance. A year later there is an opportunity to at least better understand the events leading up to it. I have managed to read two focused books on aspects of the melt-down, ( House of Cards , by William D Cohan , and Fool's Gold by Gillian...
The Conversation (Free subscription) | 11/19/2009
Opinionator also offers new features and columnists. , The Times’s Pulitzer Prize-winning former Supreme Court correspondent, will write regularly about courts and the law. In January, William D. Cohan, a former Wall Street banker and the author of “House of Cards: A Tale of Hubris and Wretched Excess on Wall Street,” will begin writing a column about business and finance. The daily column...
DealBook (Free subscription) | 11/12/2009
The "not guilty" verdict reached Tuesday in the criminal trial of two former Bear Stearns hedge fund managers was at once surprising and understandable, given that the prosecution blew it -- on two counts, William D. Cohan writes in The New York Times.
The Business Insider (Free subscription) | 11/06/2009
William D. Cohan profiles Larry Summers in the December issue of Vanity Fair and confirms what we've long known: the star economic counselor has been his own worst enemy. The whole thing is worth a read, but here are some highlights: Iris Mack , a former derivatives specialist at the Harvard Management Company (responsible for investing Harvard’s endowment) claims that a betrayal...
IPE at UNC (Free subscription) | 11/06/2009
... shares. Ignorance, not a perverse pay structure, also seems to have been at work at Bear Stearns. William D. Cohan’s "House of Cards" suggests that before losing about $900 million in stock when the bank imploded, Bear Stearns CEO James Cayne had no idea that anything was amiss. In fact, he was obsessed with the construction of a huge new headquarters building that...
DealBook (Free subscription) | 11/05/2009
Lawrence H. Summers has gained a reputation as a brilliant, yet supercilious, figure throughout his high-profile career, William D. Cohan writes in a profile of the head of the White House National Economic Council for Vanity Fair.
Credit Writedowns (Free subscription) | 11/06/2009
... an example of allowing ‘extend and pretend’ which is how the S&L crisis proceeded. December 2009: William D. Cohan on Larry Summers | vanityfair.com Yes, it’s a puff piece. Read it anyway. Harvard Business School Students Manhandle Cop, In Drag – Dealbreaker Bess Levin has all the gossip Wall Street bonuses seen up 40 percent in ‘09: report | Reuters This will be a source of outrage...
Yoav's Space (Free subscription) | 11/01/2009
House of Cards: A Tale of Hubris and Wretched Excess on Wall Street , by William D. Cohan , is the story of how Bear Stearns collapsed last year. It's kind of similar to A Colossal Failure of Common Sense , which I reviewed last month , and which tells about the collapse of Lehman Brothers around the same time. The author is a Fortune magazine editor, among other things, and I think that...
