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From that moment, Meredith Whitney became E. F. Hutton: When she spoke, people listened. Her message was clear: If you want to know what these Wall Street firms are really worth, take a cold, hard look at these crappy assets they’re holding with borrowed money, and imagine what they’d fetch in a fire sale. The vast assemblages of highly paid people
... See moreMichael Lewis • The Big Short: Inside the Doomsday Machine
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
North of Mackay lay the principality of Childs Frick, son of Henry Clay Frick, baron of coal and coke, who had gained his legendary wealth during the Panic of 1873 by purchasing for a pittance the land of desperate farmers without telling them that it contained coal, the raw material of the coke essential to steelmaking, then by crushing other
... See moreRobert A. Caro • The Power Broker
out on June 5 when Senator Chuck Schumer of New York held a heavily covered news conference, at which he decried the brazen business of Silk Road and called for prosecutors to shut it down. He described Bitcoin as an “online form of money laundering used to disguise the source of money, and to disguise who’s both selling and buying the drug.”
Nathaniel Popper • Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Bitcoin, invented by a mysterious figure, Satoshi Nakomoto, whose true identity is the subject of many a conspiracy theory, experienced even more of a rollercoaster ride than gold in 2011, soaring in value from less than $1 a bitcoin to almost $30, before plunging below $5. Many thought that this apparent bursting of a bitcoin bubble would put an
... See moreMichael Green • In Gold We Trust? The Future of Money in an Age of Uncertainty (Kindle Single)
Gary leaned back in his chair as Serrin leaned forward in his.
Nick Bilton • American Kingpin: Catching the Billion-Dollar Baron of the Dark Web
She peered at men in the grocery store and wondered if they were undercover cops who knew that she lived with the man who had started the Silk Road.
Nick Bilton • American Kingpin: Catching the Billion-Dollar Baron of the Dark Web

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
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