JJay Alix thought he was doing Dominic Barton, the man then leading McKinsey & Co., a favor. It was the summer of 2014, and Alix
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The femme fatale of short selling’s interesting first year
It’s night in New York City. Steam from a manhole billows across Wall Street. An American flag flies in the foreground as a camera pans
What the hell happened to hedge funds?
A decade ago, when the bankruptcy of Lehman Brothers sent the global financial system into a tailspin and triggered what would become known as the
Eddie Lampert Shattered Sears, Sullied His Reputation, and Lost Billions of Dollars. Or Did He?
They called Eddie Lampert many things. “The Next Warren Buffett,” Business Week gushed in 2004. “Genius,” according to Fortune in 2006. A “celebrity shareholder,” Institutional
Why billionaire salvation, with its “win win” ideas, adds up to fake change
By 2015, Anand Giridharadas, then a columnist with the New York Times who had spent several years as a reporter in India, was growing increasingly uncomfortable with the
How Jim Chanos Uses Cynicism, Chutzpah — and a Secret Twitter Account — to Take on Markets (and Elon Musk)
Jim Chanos runs Kynikos Associates, the lone short-selling hedge fund of any size — and the only one that that has been in business since
Michelle Celarier 