A serious essay on Anti-Rich Prejudice: “When I discuss unfair treatment of successful businessmen, I almost always hear comments like, ‘Oh, boohoo. What do the rich have to complain about? Look at everything they have!’ This reflects a crass materialism, which amounts to the notion that money solves everything.”
Trump Family Newspaper Decides to Endorse Trump
The New York Observer, which was once a good newspaper, is endorsing the owner’s wife’s dad for president.
Identity Politics Will Not Redeem Wall Street
If you read the New York Times this weekend, you may have seen their Business section’s big, splashy profile of R. Martin Chavez, the chief information officer of Goldman Sachs. The headline: “A Gay, Latino Partner Tests Goldman’s Button-Down Culture.” I object.
Class War: Yale Edition
Yale University is sitting on an endowment worth $25.6 billion. The state of Connecticut, on the other hand, is pretty broke. Now, Connecticut wants to tax Yale’s endowment. This could be more revolutionary than it sounds.
At a Manhattan hedge fund conference this week, “A lot of attendees were scared” and panelists were “herded...off the stage to safer confines” when a group of protesters walked in chanting and waving signs about inequality. Damn—that does sound scary.
Billionaire and Real Son of Bitch Asks for $30 Million to Let the Public on a Beach
In 2008, billionaire venture capitalist and real selfish bastard Vinod Khosla paid $32.5 million for an 89-acre beachfront property in California. Now, he’s asking for $30 million just to let the public use the beach.
Five of Six Goldman Sachs Recommendations For This Year Already Proven Wrong
Goldman Sachs is a Very Sophisticated Wall Street Firm which is paid a good deal of money for its expertise in reading the financial markets. How is that going this year?
In Fact, This Is a Great "Moment in History" For Ungrateful Billionaires
Yesterday, Goldman Sachs CEO Lloyd Blankfein revealed how deeply afraid he is of our current scary “moment in history” in which Bernie Sanders’ proposals are being taken seriously. Perhaps Lloyd Blankfein lacks some historical perspective.
Stop Giving Money to Rich Colleges
Last year was a record one for donations to colleges and universities: more than $40 billion was given, much of it to a tiny group of wealthy, elite schools. Stop that.

