Roger Lowenstein, a director of the Sequoia Fund–the flagship fund of Ruane, Cuniff & Goldfarb–wants to explain how regulation works to Elizabeth Warren, who he describes as “the nation’s unelected regulatory czar” and someone who–dear, oh dear–paints “bankers with as broad a brush as Donald J. Trump uses to demean Muslims.” He does so in anContinue reading “Roger Lowenstein, Investment Banker, Mansplains Elizabeth Warren”
Tag Archives: Wall Street
The FBI, Online Brokerages, And The Hiring Of ‘Potheads’
This almost-two-years-old story about the FBI’s claim that it could not find hackers–AKA ‘cybersecurity experts’–to hire because they smoke marijuana (and thus would fail their pre-employment drug tests) reminds me of a story from the days of the Internet gold rush, as demand for programmers, system administrators, and the like meant the instant hiring andContinue reading “The FBI, Online Brokerages, And The Hiring Of ‘Potheads’”
How Low Can You Go? The Market for Regulatory Fees
The close, unholy, and corrupt relationship between Wall Street and Capitol Hill isn’t really news any more. And so inured have our sensibilities become to the giant, rigged con-game that is today’s financial-political system, that exposure to yet another one of its details fails to induce any suitably condemnatory reaction. Still, that said, when aContinue reading “How Low Can You Go? The Market for Regulatory Fees”
Samir Chopra 