Category: Forensics

As Wall Street became the destination of choice for MIT and Harvard mathematicians and physicists throughout the last decade, alarm bells should have sounded at our regulatory and policy-making institutions. An interesting op-ed...

It bears worth repeating that the most interesting aspect of many of the recent Ponzi schemes that have surfaced, among them Bernie Madoff’s and Scott Rothstein’s, is not the motivation that propelled these...

Is there any doubt that the federal government is now propping up nearly the entire housing market? The New York Times reported here that the Federal Housing Administration, FHA, the government agency whose loan-insurance...

Another week, another Ponzi scheme emerges: Scott Rothstein, a prominent Broward County, Florida lawyer, has been accused of orchestrating a scheme to bilk investors of hundreds of millions of dollars. The ruse involved the sale...

The greatest failure of the last two years is not the collapse of the securitized mortgage markets or the housing collapse that spawned them, but the failure of faulty risk analysis that continues to permeate the financial...

Denial is a powerful emotion, especially when coupled with an avalanche of media hype and feel-good sensationalism. Our economy has just weathered the most severe downturn in 70 years, and it’s business as usual for Wall...