It's Nate Silver's World, And We Just Live In It

It’s Nate Silver’s World, And We Just Live In It

By The Banker | Blog Posts

With less than two weeks to go in the election, that Jay-Z song has been running through my head, because indeed, “Who is gonna run this town tonight?” But the answer I keep coming back to isn’t Mitt or Barack, but rather Nate Silver and his Five Thirty Eight site.  Everyone I know is absolutely

Ask an Ex-Banker: Home Loans and Home Equity Lines of Credit

Ask an Ex-Banker: Home Loans and Home Equity Lines of Credit

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

Q. Dear Banker, My wife and I are planning an addition to our house. We need the additional space, but I do not want this project to stretch our overall budget. Since I have a specific idea of how much I want to pay, a rise in interest rates would cause us to make different

Midlife Muppet Crisis

Midlife Muppet Crisis

By The Banker | Blog Posts

With the impending release of Greg Smith’s tell-all book about his time at Goldman Sachs, it’s finally time for me to vent a little about his ridiculous New York Times Op-Ed last Spring. Immediately following the online release of the New York Times Op-Ed that would launch a thousand Muppet jokes , I printed it

Book Review: The Price of Inequality

Book Review: The Price of Inequality

By The Banker | Book Reviews

I began with so much sympathy for the ideas in The Price of Inequality, by Nobel-Prize winning economist Joseph Stiglitz, so why did I grudge-read the book the whole way through? I concur about the causes and problems of persistent and rising inequality in the United States, and I suspect Stiglitz and I would vote