Maybe Greece needs another referendum. Do you want more loans? Do we ever intend to pay any loans back? Michael Lewis' old Vanity Fair article makes it clear. The SPY made a greater than six week low and closed above the open. Will this...Show More Summary
Things are looking up for Sergey Aleynikov, the ex-Goldman Sachs programmer accused of stealing code from the bank before leaving for a high-frequency trading firm. Charges in that case have been tossed out, according to Bloomberg. Aleynikov's...Show More Summary
SHANGHAI — A complete bootlegged copy of Michael Lewis' bestselling book about Wall Street, "Liar's Poker," was hosted on the official website of the Chinese Commerce Ministry, the agency responsible for intellectual property protection in China, The Associated Press has found. Show More Summary
By PAUL KECKLEY Michael Lewis’ 2003 best seller Moneyball recounts how Oakland Athletics’ manager Billy Beane beat the big-payroll odds in major league baseball by using analytics to field a competitive team. The dynamic between Beane and his Yale-trained geek, Peter Brand is the central theme: together they fought off naysayers using Brand’s sabermetrics model
New York Times Sunday Review: Harvard Admissions Needs ‘Moneyball for Life’, by Michael Lewis: To: Harvard Management Company From: Harvard Admissions It’s been several painful weeks since Steve Schwarzman revealed that we denied him admission to the Harvard Class of 1969. As we now all know, the private equity billionaire...
When faced with the choice of perpetuating a fake facade of morality or continuing its old ways, was there ever any doubt what Goldman would choose. One year ago, just as Michael Lewis issued Flash Boys, a book which summarized everything...Show More Summary
How will America's workers benefit from Fast Track trade deals and the Trans-Pacific Partnership (TPP)? Hear from former Baltimore steelworker Michael Lewis and call Congress today to stop Fast Track: 1-855-712-8441.
Just imagine what Michael Lewis must think of the FIFA scandal. Although Michael Lewis is a prolific non-fiction author who has written about the misdeeds and abuses of Wall Street for a quarter of a century, he has never seen the highest...Show More Summary
What? Another weekend is here already? But you can’t leave for the Hamptons just yet — our late Spring morning train reads will see you through: • Michael Lewis on Dick Thaler, the Economist Who Realized How Crazy We Are (BV) • 11% of hedge funds manage 92% of total industry capital (CIO) see also The Billion Dollar Club (TRB)...Read More
JP Morgan probes asset unit; Michael Lewis says UBS gave high frequency traders illegal edge; Kids tables are now a thing in offices; "95-Year-Old WWII Vet Thwarts Robbery With Cane" and more.
Thirty Signs You’re On Financial Twitter 30. You unintentionally know more about Greece than you had ever thought possible 29. Joe Weisenthal is your alarm clock 28. You wish David Tepper, Bill Ackman, Michael Lewis and Retired Bernanke would show up here already and engage 27. You watch a guy switch his avatar to a pic of a hot girl...Read More
With another baseball season underway, I've been reflecting on the revolution within the game. Since Michael Lewis' Moneyball hit the shelves, baseball analytics departments have become the "thing" in front offices all around the game. Show More Summary
A bunch of news reports have suggested that the CFTC didn't have the information available to it to make the case [against Sarao]... But this can't be true. Immediately after the flash crash, Eric Hunsader, founder of the Chicago-based...Show More Summary
Five years after the infamous "flash crash" of the Dow, financial regulators think they've got a key culprit, and the case is rather astonishing, writes Michael Lewis at Bloomberg View. Navinder Singh Sarao isn't the villain you might expect, and a question posed by Lewis gets to the heart of...
Michael Lewis has a lot of questions about the 2010 flash crash – and the arrest of Navinder Singh Sarao in connection with it. (Like why did it take so long?) But there's one thing the Flash Boys author is sure of: Sarao is "not some kind of exception to the standard operating procedure in finance. Show More Summary
By Michael Lewis, originally posted in Bloomberg Crash Boys The first question that arises from the Commodity Futures Trading Commission’s case against Navinder Singh Sarao is: Why did it take them five years to bring it? A guy living with his parents next to London's Heathrow Airport enters a lot of big, phony orders to sell U.S. Show More Summary
The art of sabermetrics—first brought to the mainstream by Michael Lewis’ 2003 book, Moneyball—is, essentially, the math of baseball. Since the book’s publication, a new breed of baseball personnel—such as the Cubs’ Theo Epstein (formerly...Show More Summary
Last year, courtesy of Michael Lewis, the entire world was alerted to what we have known for more than five years: the market is rigged. For those willing to pay attention to such things, reminders (sometimes subtle, sometimes not-so-subtle)...Show More Summary
Leave off the last E for irony.
Michael Lewis, financial journalist and author behind the international bestsellers The Big Short and Boomerang, talks exclusively to the Penguin Blog about his compelling new book Flash Boys.