Author: TerranceDC

The $821 Million Smile

Why is this man smiling? If you had the same sweet deal he’s got, you’d probably smile too. His name is Richard Syron, CEO of mortgage giant Freddie Mac. His company just posted an $821 million loss. For the second...

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Held Suspect

I don’t remember how old I was the first time it happened. I couldn’t have been more than ten years old. We were in Philadelphia — my mother, my younger sister, and I — visiting my great grandfather on my...

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Prohibitive Prescriptions

You can tell a lot about a person by what in their medicine cabinet. A quick peek during a trip to the bathroom and the nosy neighbor could find out whose taking anti-depressants or birth control pills. Maybe someone is being...

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A Word from Wall Street’s Bartender

It was a jaw-droppingly, mystifyingly obtuse, callous moment in an administration that’s given us enough of them to fill what would have to be the world’s most depressing bloopers reel. It also brilliantly captured a...

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Wall Street Welfare Reform

By the time a good idea makes it to Congress — and actually gets some serious consideration — it is no longer an idea whose time has come, but one whose time is way overdue. Such is the case as Congress takes up the...

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