What Do They Know That We Don't?
Randall Lane is the former editor-in-chief of Trader Monthly, Dealmaker and P.O.V. Magazines, and the former Washington bureau chief of Forbes.
Even as he talks up the stock market, a Daily Beast exclusive shows the president's top economic advisor trounced the indexes (and Tim Geithner) by putting most of his millions into municipal bonds.
Heinous Investment Advice
Writer and comedian Andy Borowitz's work has appeared in Condé Nast Portfolio, the New Yorker and The New York Times. His Web site is BorowitzReport.com.
Some foolproof rules for the savvy investor: Hiding money in mattresses is too risky. Mothers can't be trusted. And the average dog can beat the S&P 500.
I’m Not Apologizing
Jonathan Clements is Director of Financial Guidance for myFi, a unit of Citigroup Global Markets Inc., and author of The Little Book of Main Street Money, which will be available in May. The views expressed here aren’t necessarily those of Citi or its other employees.
The Wall Street Journal's Jonathan Clements told readers for years to ignore market trends and keep investing-only to see their portfolios plunge. But in a new book, he says he's sticking to his philosophy.
This week's stock-market plunge is raising new concerns about the depth of the crisis-and rattling even the most unshakable investors. Is anywhere safe for your money? From gold to guns to under the mattress, six smart takes on where to put your money. By Kathleen Kingsbury
With Citi's desperate maneuvers and Bank of America now getting billions more in bailout funds, the U.S. banking system is back on center stage for the markets and Washington. Are we headed for another crisis?
Leslie H. Gelb, a former New York Times columnist and senior government official, is author of Power Rules: How Common Sense Can Rescue American Foreign Policy (HarperCollins 2009), a book that shows how to think about and use power in the 21st century. He is president emeritus of the Council on Foreign Relations.
The Daily Beast is dedicated to news and commentary, culture, and entertainment. We carefully curate the web’s most essential stories and bring you original must-reads from our talented contributors.
Rachel Kramer Bussel is the editor of Peep Show: Erotic Tales of Voyeurs and Exhibitionists, Bottoms Up and over 25 other erotica anthologies, and hosts and curates In The Flesh Reading Series.
Lynn Sherr is a former ABC News correspondent, author of Failure Is Impossible: Susan B. Anthony in Her Own Words and Tall Blondes, a book about giraffes. She is also co-editor of Peter Jennings: A Reporter's Life. Her most recent book, a memoir—Outside the Box: My Unscripted Life of Love, Loss and Television News—is out in paperback.
Jacob Bernstein is a senior reporter at The Daily Beast. Previously, he was a features writer at WWD and W Magazine. He has also written for New York magazine, Paper, and The Huffington Post.
Tunku Varadarajan is a national affairs correspondent and writer at large for The Daily Beast. He is also a research fellow at Stanford’s Hoover Institution and a professor at NYU’s Stern Business School. (Follow him on Twitter here.)
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