News Topic: Books and Movies about Debt
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Elliott, Apollo, Caesar's Palace and a Bunch of Bankruptcy Law Professors
One of the most dramatic stories in corporate finance and bankruptcy over the past decade has been the Caesar's Palace battle between a bunch of hard nosed distressed debt hedge funds and big bad private equity shops. A bunch of masters of the ... Read full article
David Graeber’s Debt, The First 5000 Years
I’m just getting around to reading a 2014 book some Creditslips readers may be familiar with, Debt: The First 5000 Years. In this utterly fascinating work, Anthropologist David Graeber exhaustively recounts the history of debt and money. He begins by ... Read full article
Liked Evicted? -- Read Maid
Holiday Reading Recommendation and a Research Question on the 1MDB Case
The 1MDB case has been on the front pages of the financial papers on a number of occasions recently. The reason: The US justice system is investigating the scam and senior executives from everyone’s favorite ethical investment back, Goldman Sachs, ... Read full article
Swindlers and Crooks Doing Backflips: New Balleisen Book on Fraud
Recommended Reading: Empire of the Fund
Book of the Year
John Oliver and consumer law YouTube videos
I'm trying something new this year. ... Read full article
Are we poor?
If you have kids who talk as much as mine (gee, wonder where they picked up loquacity as a trait), conversations can go nearly anywhere. My boys, ages 9 and 6, are quite interested in money lately, a phenomenon driven in part by the tooth fairy and their ... Read full article
Scarcity of Money? Or Time?
How is it that I never find the time to blog? My answer would be that I simply do not have the time. But of course I have the same hours in a day as my co-bloggers. I could argue that I have more demands on my time, but I know very well that we are all ... Read full article
A Three-Hour Tour and Other Distractions
Consumer Finance Movie: Spent: Looking for Change
I just saw Spent: Looking for Change , a documentary about the financial challenges of the unbanked. The film was funded by American Express, but there is no marketing of Amex products in the film. (Amex does offer one of the best non-DDA account options ... Read full article
Working and Living in the Shadow of Economic Fragility
American Hustle
If you want to understand credit and its abuses, you have to delve into the human heart, in all its weakness and strength, and literature and film are powerful ways to do so. In this observation, I join the growing backlash (see, for example, here and ... Read full article
Living down the Lattes
Credit Slips is a virtual community so very few of you know that I go to Starbucks at least once a day, although a small detail in the pic here was a hint in that direction. ... Read full article
Crisis books
I recently stumbled on this excellent compendium of more than 300 books on the financial crisis. It also includes a list of 25 or so books that predicted the crisis, as well as a useful link to an annotated list of individuals who can be given credit for ... Read full article
The Stakes Of Design
Brains for Hire
Posting again on fiction so soon? Not the original intention, but I recently read a story that skirts around the substantive core of Credit Slips , as well as the fabulous work of sociologist Viviana Zelizer , a past Credit Slips guest . Blame or ... Read full article
The Entertainment and Sports Programming Network Looks at Bankrupt Athletes
In its acclaimed "30 for 30" series, ESPN is airing a show about professional athletes who go bust after leaving their sport. From ESPN's web site (which also has a trailer for the show): ... Read full article
