WALL STREET
Financial Researchers Worry Nearly 200 Banks At Risk Amid 'Catch-22'
The researchers, who compare the current dynamic to the 1980s savings and loan crisis, have identified nearly 200 banks at risk of a "rational" run, in which depositors pull their money for good reason.
We Spoke to an Old-School Corporate Raider About Elon Musk and Twitter
One of the inspirations for Gordon Gekko grades the Tesla CEO's battle to own his favorite social media platform.
Gold Cube in Central Park Is a Bizarre Crypto Ad
The unimpressive object was hauled to a dinner with Wall Street fat cats. Everything bad, combined in a single story.
The ‘To the Moon’ Crash Is Coming
A longtime venture capitalist sees the religious dedication to Elon Musk, hype, and YOLO investing as almost a dot com-style pyramid scheme in the making.
I Lost $400,000, Almost Everything I Had, on a Single Robinhood Bet
A young retail trader explains what it’s like to make the retail trade from hell.
People Are Taking Out Loans Against Their NFTs—And Defaulting
The endless search for profit is spawning increasingly ridiculous schemes centered on the financialization of NFTs.
Working at Goldman Sachs Suuuucks, Leaked Internal Survey Shows
First year analysts are working ungodly hours, suffer workplace abuse, and are considering abandoning the company, according to a leaked presentation.
The GameStop Fiasco Is Democrats’ Golden Opportunity to Tame the Stock Market
Congress is mad as hell, and they might just do something about it.
Institutional Investors and Redditors in Standoff Over GameStop Stock
The WallStreetBets subreddit tells investors to hold for bigger gains while GME stock price is on a rollercoaster.
Ketamine Meditation, Jungle Tripping and Modern-Day Shamans: Meet a ‘Psychedelic Concierge’
Meet Mike "Zappy" Zapolin, who acts as a combination of a psychedelic trip sitter and procurer for celebrities.
Wall Street Is Making Millions Off Police Brutality
So-called “police-brutality bonds” are a transfer of wealth from Main Street to Wall Street.