William Cohan's Slant

The peripatetic Larry Summers is once again back at Harvard, teaching a class on American economic policy with Martin Feldstein and Jeff Liebman – two other prominent former government economists – and reacquainting himself with the joys of free speech now that he is no longer President Obama’ .. submitted 05/21/12

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We have been fully conditioned by now to expect that the rich and powerful will get the biggest slice of whatever pie is being served, while those less fortunate — and less well connected — will get the crumbs. But it still rankles when we witness time and time again how big corporations get dea .. submitted 05/21/12

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Can Goldman Sachs, the profit-seeking missile of high finance, really make money by investing $450 million in Facebook, at a vertigo-inducing price that values the social-networking company at $50 billion? submitted 05/21/12

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It’s not that Dodd-Frank ignored Wall Street’s past excesses. The law will ensure that some, but not all, derivatives will have to be traded on exchanges and that some, but not all, of the banks’ proprietary trading will be curbed and that some, but not all, of their private-equity and hedge f .. submitted 05/21/12

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When you’ve really made it on Wall Street, you fill up your Fifth Avenue co-op with expensive art, just as surely as snow is followed by little boys on sleds (to paraphrase Arthur Okun, the legendary Yale economist). Bankers and traders — and especially hedge-fund managers and private-equity .. submitted 05/21/12

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