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Obama has said a tearful sorry. What does it mean to his business side. View cartoon

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COMMENTS

Shibaji Dash

9 years ago

Yes, stakes have supplanted the cause of tears. Sentiment/emotions do not find place in the algorithm of revenue/business models. Business studies as a subject has caused more harm than good to mankind. Humans are mutating and transmuting fast as new species of monsters.

Manish Keswani

9 years ago

It should be "Tiger Woods", not Obama.

The man who saw the crisis says it will get worse

Andy Beal  virtually shut down his Beal Bank between 2004 and 2007. When the financial crisis hit, he started buying, and the early results of his work are now in. So what is Beal’s current outlook?

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Doctor, blind in one eye, saw subprime mess coming and made huge money

An unknown medical doctor turned investor and hedge fund manager - Michael Burry - created the first bets against the subprime mortgage market in 2004, long before John Paulson, Goldman Sachs, and the rest of the investment world caught on. Working alone, he made $100 million and $725 million for his investors. A fascinating read that offers a glimpse inside the mind of a contrarian investment prodigy.

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