What Exactly Is Donald Trump's Deal?
Is he a buffoon? A genius? An exploration of the man, his brand, and his chronic bluster.
Advertisement
Is he a buffoon? A genius? An exploration of the man, his brand, and his chronic bluster.
Tax experts and private-equity executives say the question is not how he got the money there, but why he wanted to do so in the first place. More »
Has Cliff Asness designed a computer model that can beat the market, in good times and bad? More »
Last September, as Wall Street turned to rubble and panic threatened to come unleashed, Ken Lewis, the CEO of Bank of America, agreed to swallow one of the country’s most toxic investment houses. The deal was not altogether voluntary; as details have slowly emerged, the coercive role of the Fed and Treasury has loomed larger. What exactly happened in the weeks leading up to the merger? Did the deal save us all from economic apocalypse? And what does the government’s unprecedented role in it portend for the future of our economy?
