Last week, I went to a security analystsÁ¢€â„¢ luncheon featuring John Bogle, the retired founder of the mutual fund company Vanguard Group. Bogle didnÁ¢€â„¢t have nice things to say about…
Annie Logue
Donald Trump wants everyone to know that heÁ¢€â„¢s a billionaire. HeÁ¢€â„¢s suing an author who dared claim that Trump was worth as little as $150 million. That wonÁ¢€â„¢t get anyone…
In the summer of 1998, HarperÁ¢€â„¢s Magazine published one of its most talked-about stories, Vince PassaroÁ¢€â„¢s narrative of how his family accumulated $63,000 in credit card debt. He and his…
Financial theory starts with two key assumptions: first, that markets are efficient; second, that investors are rational. And, of course, in the real world, we all know that markets arenÁ¢€â„¢t…
ItÁ¢€™s tough being a grandiose financial criminal these days. Lots of people ran scams that took millions from clients; Allan Stanford even collected a title while allegedly fleecing investors with…
This month, Thomas Geoghegan has an article in Harpers about how debt changed working-class America. Barack Obama sat down with bailed-out banks to discuss their credit card practices. I paid…
On Tax Day, I went to the Chicago Loop post office Á¢€” the one with the Calder where Ferris Bueller twists and shouts Á¢€” to mail in my forms. An…
Different countries are…well, different. They have different laws and languages, funny stamps, and candy that you canÁ¢€â„¢t get at home. We usually think that part of being a distinct country…
Wednesday was our last night in Iceland and the second-to-the last night of the Reykjavik Blues Festival. It was a great show to end on, too. Willie “Big Eyes” Smith…
The Reykjavik Blues Festival was started in 2003 by Halldor Bragason, a blues guitarist from Iceland who studied music in the United States. Halldor has performed with many of the…
I’m a Chicagoan on a working vacation in Iceland, writing about the financial crisis for a hedge fund trade magazine and taking in geysers. When I realized that my…