Felix Salmon likes to write, at length, about the art market. Since I don’t have $50-$60 million to drop on a dead shark more than once in a decade, I usually skip his rants, but if you skip half-way down to this recent post on Chinese art, Felix says some things that aren’t exactly original…
Tag: Felix Salmon
Barack Obama, Wall Street’s Man In Washington
Michael Lewis has it long, and Felix Salmon has it short: the U.S. Department of Justice looks out, not for the people of the United States, but rather the people of Goldman Sachs. Lewis discusses in detail the case of Sergei Aleynikov, a one-time Goldman Sachs employee who now faces an eight-year prison sentence, on…
Capitalism still has flaws, it seems
Well, a lot of them, reports a stunned Felix Salmon, going over the “Final Notice” issued by the United Kingdom’s Financial Services Authority for the Swiss mega-bank that goes by the highly inside moniker of “UBS AG.” Besides sounding like some sort of computer plug, UBS was a veritable cesspool of white-collar crime, according to…
Felix Salmon hits it out of the park
I know it seems like I only write about Felix Salmon when 1) I’m desperate for a post and 2) I need someone to make fun of, but that’s not entirely true. At least, it’s not true today, which confirms my thesis, because today I’m all raves over Felix’s fabulous piece kicking the shit out…
La Comédie humaine—Grey Goose edition
How long has it been since I’ve made fun of Felix Salmon? It’s definitely been awhile. We’ve both been on vacation, but now we’re both back, so let’s have at it. Yesterday, Felix was all over a “big story” by Dan Levy, delivering the pretty much astounding news that last year U.S. consumers spent a…
Felix Salmon: Freaking Fag Revolutionary or Wall Street Water Boy?
Okay, Felix is not really a freaking fag revolutionary. I’m just fonder of alliteration than truth. But still I wonder about Felix. Recently he was bitching about the malicious tricks that business folk pull on us: “And so merchants will always find ways to charge us more now, if we’re not going to really feel…
Workers of the World, Unite!
Over at Reuters, Felix Salmon gets into it over the seemingly esoteric topic of whether the “Uber” rent-a-limo folks have an economic justification for charging customers an $8 base fee plus $3.95 a mile for a Lincoln town car, compared to a base of $5 plus $3.25 a mile for a Prius. Previously, Uber had…
Felix Salmon wants to spend an old man’s money
We have a bikeshare program in Washington, DC—lots of shiny red bikes parked at various locations around the city, the idea being that you ride one from one location and drop it off at another. A recent survey of ridership discovers what you might have guessed, that only the well-educated (“some college” and up) and,…
U.S. Government not yet entirely a wholly owned subsidiary of Goldman-Sachs, as of this writing
Felix Salmon points us to a rare victory of common sense and decency over leading Wall Street tentacle Goldman-Sachs and its subsidiary tentacle, the U.S. Justice Department. Of course, Wall Street quasi-hustler Sergey Aleynikov had to put in about a year of jail time to win this famous victory, but all’s well that ends well,…
Felix Salmon: Suze Orman is a really big, really fat idiot!
Okay, it’s been at least a week since I last made fun of Felix and Suze O, so let’s get with it. Only three weeks ago, Felix wrote “I’m a big fan of Suze Orman.” Look at what he’s writing now: a post that’s headed “Suze Orman’s bad investment newsletter”! “Suze Orman’s bad investment newsletter!”…