The Market Now

Short sellers don't kill companies. Usually they just make sure the corpse gets put in a coffin.

Photographer: Getty Images

Short sellers don't kill companies. Usually they just make sure the corpse gets put in a coffin.

Short Sellers Are Self-Serving, Nutty, and Often Right

When Steve Eisman issued his report on for profit education he was called a “self-serving nutcase” who was “in the business of ruining the reputation of colleges.” Four years later, the nutcase seems to have made his point.

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A deluge of cut-rate paperbacks in the electronic age.

Photographer: Marco Cristofori/Getty Images

A deluge of cut-rate paperbacks in the electronic age.

What Happens When People Stop Buying Books They Don’t Read?

Imagine media content, in all its forms, as a carnival shooting range, and the Internet as an air rifle filled with unlimited ammunition. Boom, pow! First the music business duckie falls over. Yaarsh! The movie duck is grazed, keeps moving.

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What if other countries started prosecuting U.S. banks?

Brad Davis in Midnight Express, 1978. Photographer: Col;umbia/Everett Collection

What if other countries started prosecuting U.S. banks?

Jail the Banks! Well, the Foreign Ones, Anyway

It's hard not to notice that after extensive discussions among regulators and prosecutors about the advisability of bringing criminal charges against "too big to fail" banks, U.S. officials are finally demanding criminal sanctions ... of foreign banks.

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