Book Review - Zero Alternative by Luca Pesaro

Book Review – Zero Alternative by Luca Pesaro

By The Banker | Book Reviews, Wall Street

Luca Pesaro’s Zero Alternative is a Dan Brown-style thriller, with a ruthless conspiracy of high-financiers chasing an ultra-effective prediction algorithm, a foreign-legion enforcer with a sadistic bent, a nihilistic hacker group, the chain-smoking derivatives-trading hero hoping to walk away from high finance after one last big trade, and a hot stripper who may or may [&hellip

NIRP

NIRP

By The Banker | Blog Posts, Texas, Wall Street

What is the key signal, for you, that we’ve arrived at End Times? Maybe war and famine? The sun turning black and the moon turning blood red? That other party’s Presidential candidate – the one you hate – might just be the Antichrist? Sure, sure, all very scary. I’m a finance guy, so I’d argue: [&hellip

Wall Street Poems and Crimes

Wall Street Poems and Crimes

By The Banker | Blog Posts, Texas, Wall Street

I recently participated in a poetry reading on the themes of money, “the market”, and values.[1] The reading inspired in me two things. First, a wistful musing on the value of words. Second, a deeply unpopular view of supposed Wall Street crimes that will make you hate me. Wistful musing One question occurred to me [&hellip

Public Sports Stadium Financing Revisited

Public Sports Stadium Financing Revisited

By The Banker | Audio Posts, Blog Posts, Texas

One of the frustrating things about being a thinking adult is how many confusing shades-of-grey moral choices we face. The ethical clarity we enjoyed as a child or even as a ‘woke’ teenager seems to cloud over. Isn’t anything pure? How do I know what’s right or wrong? Why can’t things just be simple? Sigh. Adulthood. On the other [&hellip

Estate Tax Takedown - Levine Defeats Mankiw

Estate Tax Takedown – Levine Defeats Mankiw

By The Banker | Blog Posts, Personal Finance, Taxes

I’m a huge fan of Bloomberg’s Matt Levine,1  who is basically smarter and funnier than anyone writing about finance. Anyway, I was annoyed to read yesterday’s Op-Ed by Gregory Mankiw (whose textbook of course we all had to have in College) Mankiw’s a Harvard professor with all the respect that comes with that, and he’s [&hellip