Two American retailers, Penney’s and Sears, are on the verge of collapse. They both faced the same problem: how to stand out in a crowded retail market. Both companies have plenty of competition, not just each other. They compete against such department stores as Kohl’s and Dillard’s, Macy’s and Target as well as against Bed… [Read More]
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School choice and markets: What’s best for a family isn’t best for a nation
Like most parents in Chicago, I’ve been living out school reform with my child; he started in the Chicago Public Schools and is now at a Catholic high school. I teach finance part-time at University of Illinois at Chicago, so I see the range of abilities and preparation that Chicago Public Schools students bring to… [Read More]
What Courtney Love and I have in common
The worst part about libel law in the United States is that it can be used to harass people – people who did nothing wrong. I was sued by convicted felon Keith Gilabert for reporting on his hedge-fund fraud. Tom Chandler, an outdoor blogger, was sued by the San Francisco Chronicle’s outdoor writer, Tom Stienstra,… [Read More]
Keith Gilabert Pled Guilty. That’s A Fact.
Update: Convicted felon Keith Gilabert sued me over this post. The suit has been dismissed, and he must pay my legal fees. See details here. I do guest-blogging occasionally to promote my books. When Hedge Funds for Dummies came out, I wrote a post for the Hedge Fund Implode-o-Meter about some of the hedge fund… [Read More]