The Heiress, the Queen, and the Trillion-Dollar Tax Shelter
An ugly family battle on the island of Jersey spills into the open.
David Miranda and the Human-Rights Black Hole
David Miranda is many things—a boisterously proud, gay Brazilian; an outspoken civil liberties evangelist; a freshly minted university graduate; and the spouse of Glenn Greenwald, the American journalist who has been publishing highly classified material leaked by former CIA systems analyst and National Security Agency (NSA) senior adviser Edward Snowden.
But one thing Miranda is not is a terrorist.
Miranda Is Not a One-Off; it Happened to Me.
Before David Miranda was detained for nine hours at London’s Heathrow Airport, there was me..
Warren Buffett May Not Be Into Crypto, but His Granddaughter Is
Warren Buffett May Not Be Into Crypto, but His Grand-daughter IsWith record volumes and sales exploding into the billions, NFTs are red hot — and for artists like Nicole Buffett, a pandemic-proof way to sell art. Leah McGrath GoodmanInstitutional InvestorSeptember 24,...
He Waited 17 Years to Be Denied an SEC Whistleblower Award
After reaping more than $50 million from a sprawling fraud uncovered by Eugene Ross, the SEC has handed down a final order denying him any award.
What It’s Really Like to Be a Wall Street Whistleblower
SEC’s Office of the Whistleblower has splashed out nearly a billion dollars in its cash-for-tips program. But it’s not for the faint of heart.
Wall Street Firm Founded by Trump’s Army Secretary Nominee Violated Trading Rules for Years
Virtu Financial, the giant Wall Street high-frequency trading firm run by President-elect Donald Trump’s nominee for secretary of the Army, Vincent Viola, has a record of violating the rules of the U.S. Securities Exchange Act, the Nasdaq Stock Market, the New York Stock Exchange and other exchanges that extends back nearly as long as the firm has been in business, according to U.S. market regulatory filings reviewed by Newsweek.
How Credit Card Companies Prey on Millennials
How Credit Card Companies Prey on Millennials Leah McGrath GoodmanNewsweekAugust 18, 2016hen Kelly Dilworth applied for a Discover card in July, she was happy to learn that her spending limit was $13,000—a level most card companies don't offer...
Wall Street May Be Panicking About the Swings in Oil Prices—But You Shouldn’t
Wall Street May Be Panicking About the Swings in Oil Prices—But You Shouldn'tLeah McGrath GoodmanNewsweekFebruary 3, 2016he headlines tell us that oil's fall below $30 a barrel in January and loss of nearly 50 percent of its value in 2015 could...
If Women Are So Good At Managing Money, Why Are So Few of Them Doing It?
Of all the rarefied niches on Wall Street, perhaps the most opaque and exclusive is the hedge fund industry, where traders are handed millions and even billions of dollars to invest on behalf of banks, endowments, pension funds and the superrich.
Judgment Day for the U.S. Surveillance State
Judgment Day for the U.S. Surveillance StateLeah McGrath GoodmanNewsweekMay 11, 2015hen James A. Baker, the Federal Bureau of Investigation's newly appointed general counsel, met for dinner with Google Executive Chairman Eric Schmidt a couple of...
The EMBERS Project Can Predict the Future With Twitter
The EMBERS Project Can Predict the Future With TwitterLeah McGrath GoodmanNewsweekMarch 7, 2015or the majority of Americans born after World War II, it is unlikely Arlington, Virginia, holds any special significance. But for those who know that the...
Predicting the Next Wall Street Disaster
Predicting the Next Wall Street DisasterLeah McGrath GoodmanNewsweekFebruary 12, 2015ouldn't it be great if the U.S. had a heat map of the entire financial system that could alert it to vulnerabilities and approaching calamities before a global...
Is Wall Street Pulling a Fast One?
When members of the House Financial Services Committee grilled Mary Jo White, the head of the Securities and Exchange Commission (SEC), all they wanted to talk about was a book: Michael Lewis’s Flash Boys.
You Know the Drill
The drilling areas are easy to spot. “In the past few years, it has totally taken over the landscape,” says Gordon, executive director of EcoFlight, a nonprofit that sponsors flights over drill sites, forest clear-cuts and strip mines to educate those who don’t get to regularly see the full impact on the land of the energy-extraction process. “The pristine areas are so few now, they really catch your eye,” he said. “You can’t fly 30 minutes in any direction without seeing the wreckage.”