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..

A Very Good Six Years

Today marks six years of writing as a free agent. When I hung out my shingle back in 2006, I wasn't sure what it would be like to get up in the morning, walk into the next room (my office) and find my job waiting for me. I wondered, would it be a matter of time before...

Q&A With The Global Journal: Oil Trading And The Casino Syndrome

Happy National Pancake/Leap Year/Week before Super Tuesday Day, all. It has been a turbulent past few months and not just in the oil market. I will get into why very shortly but, for now, let's just say that after a long and dark winter, I am once again available for...

The Boy Wonder At The Heart Of A Disaster

Something to inspire your Friday: The story of a 30-year-old from Sunrise, Florida, who's defying Wall Street -- and not getting hit with a nightstick for it. Who is James Koutoulas and how did this 30-year-old end up leading the charge to recover more than $1 billion...

PAST PERFORMANCE IS NECESSARILY INDICATIVE OF FUTURE RESULTS

It met rarely and whined often. It gave up before the actual deadline (Nov. 23). It sought to shear over a trillion off the national budget, but came up with peanuts. It inspired satire in the form of, among other things, superhero cartoons. It was the...

How To Make Someone Else Swallow Your Losses, The Mastercourse

It's official: when a Wall Street powerhouse suddenly collapses and (possibly) more than a billion dollars goes missing, it's no longer just the ordinary taxpayer's problem. Now, it has moved up the chain. Below, the piece I wrote today for Fortune on what traders do...

Good News From Francis, The Lamp Man

Sometimes there's a need to find a good lamp guy. The guy the other lamp guys go to who really knows where it's at. That guy is Francis Nowalk of Pittsburgh (or for those of you who want to get persnickety about it, Bloomfield, PA, the Little Italy of Pittsburgh)....

Final Words From U.S. Bank Watchdog Sheila Bair

Not all banks are the same. A handful of banks -- such as the one that invited me to speak in Austria this autumn-- were not happy to see the multibillion-dollar bailouts, the hue and cry of the public and the resumption of the indefensible bonuses on Wall Street that...

A Certain Stylishness In Hating The Rich

Our national discourse on the nature of wealth has been a good cure for sanity of late. News that a book coming out from the surviving son of Bernard Madoff, mastermind of the largest Ponzi scheme in history, elicited comments from readers that could be called...

Fortune Features ‘The Asylum’ As Weekly Read

Since publishing "The Asylum: The Renegades Who Hijacked The World's Oil Market,"  I have received a great deal of response (most of it in private correspondence and some in public forums, such as the press and in the courts, where I spent the better part of my summer...

George Bush — And The Truth About Flight 93

With the hurricane aside and the power on, I finally settled down to watch the National Geographic Channel's exclusive interview with George W. Bush on the TiVo. This program actually aired last weekend. I am just catching up on it now. In it, George Bush reflects on...

‘Unfortunately’ Hurricane Irene Does Not Elicit The Rapture

In the end, it was all a little too anticlimactic. Despite the impressive turnout of Anderson Cooper at CNN, Shepard Smith at Fox News Channel, Brian Williams at NBC, Diane Sawyer at ABC and Scott Pelley at CBS, Hurricane Irene did not stick, stubbornly turning into a...