Ask A Banker: Capital, Capital!
by Matt Levine
Should banks be required to hold much more capital as a safety net? Just kidding, banks don't hold capital!
Planet Money posts about Finance
by Matt Levine
Should banks be required to hold much more capital as a safety net? Just kidding, banks don't hold capital!
by Matt Levine
The main skills required are attention to detail, cheerful obedience, and the ability to add two-digit numbers in your head. Also, it helps to like finance.
by Matt Levine
A reader who just re-financed his mortgage asks: Why are so many people willing to lend huge amounts of money at such low interest rates?
©2013 NPR
On today's show: Why did the world freak out over the Cyprus bailout?
by Jacob Goldstein
A bailout in Cyprus provides an unsettling, potentially dangerous reminder: The bank doesn't really have your money.
Despite all the celebration, the Dow Jones industrial average has not hit record highs recently. If you adjust for inflation, the highs just aren't as high as they seem. On today's show, we rain on the Dow's parade and explain why a lot of very smart people say we should ignore the Dow.
by Jacob Goldstein
After adjusting for inflation, the Dow is still below its earlier peaks. (Also: The Dow is a pretty random measure of the market.)
by Matt Levine
Banking is a highly regulated beast. Shadow banking, not so much.
The uberblogger recently left big media. Will readers' contributions be enough to pay his blog's eight-person staff?
Why millions of Americans still haggle with car dealers in person, one brand at a time.
by Matt Levine
Does anyone make anything that beats a low-cost index fund? There are at least two short answers to this, which are (1) Don't ask me, and (2) No.
For a story on high-frequency trading, our own David Kestenbaum teams up with Jad Abumrad.
by Jacob Goldstein
Companies have a powerful incentive to avoid admitting wrongdoing. But some powerful people are pushing back.
On today's show, a years-long, international, multi-billion-dollar battle over one of the most boring things in finance: savings accounts.
The years-long, multi-billion-dollar battle just ended.