The pen is mightier than the sword, but no match for the accountant.

The pen is mightier than the sword, but no match for the accountant.

A holding company is a thing where you hand an accomplice the goods while the policeman searches you.

A holding company is a thing where you hand an accomplice the goods while the policeman searches you.

Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.

Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.

Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians read more

Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians take it out.

It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.

It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.

Finance, like time, devours its own children.

Finance, like time, devours its own children.

The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple read more

The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths.

Derivatives are financial weapons of mass destruction.

Derivatives are financial weapons of mass destruction.

What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting and adding. You just add noughts. read more

What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting and adding. You just add noughts. It’s no more than that.