Entries by Jesse Eisinger

Bank of America Gets Buffetted

Warren E. Buffett, swooped in again to save another bank. Palm Coast, FL – August 31, 2011 – Last week, our financial Superman, the mild-mannered Midwesterner Warren E. Buffett, swooped in again to save another bank, the financial markets, the American economy and just maybe our precious way of life. Mr. Buffett’s purchase of $5 […]

In HBO’s ‘Too Big to Fail,’ the Heroes Are Really Zeroes

Ostensibly it’s a story of their success against all odds. Except that the movie actually depicts something entirely different: failure upon failure. Palm Coast, FL – May 27, 2011 – HBO’s "Too Big To Fail"—I just caught up with it last night; thank you, HBO On Demand—is extraordinarily revealing about the financial crisis. Only its […]

Where Are the Financial Crisis Prosecutions?

The world was almost brought low by the American banking system and we are supposed to think that no one did anything wrong? Palm Coast, FL – December 8, 2010 – You may have noticed that prosecutors in this country are in something of a white-collar slump lately. The stock options backdating prosecutions have largely […]