How far the mighty captains of industry have fallen in the public mindset, when comparisons are made between Wall Street and Las Vegas, and it’s Las Vegas that takes offense. As Sen. John Ensign (R-Nevada) points out, at least in Vegas the rules of the game don’t change once you’ve put your money down. But who isn’t loving this Fabrice Tourre guy, the Goldman Sachs mathematician who referred to his efforts in designing complex collateralized debt obligations as “intellectual masturbation?” Guess the stereotype is true – the French are the world’s greatest self-lovers. Read more.
Las Vegas Union strike is much ado about nothing
June 5, 2018
Las Vegas casino strike talks going down to the wire
May 31, 2018