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>> MICHAEL LEWIS Latest News

14 HOURS AGO - Business Insider

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Sears Has Passed The Point Of No Return

Sears will probably not recover from its decades-long decline.  "As a retailer they're at the point of no return," said David Tawil, co-founder of Maglan Capital and an expert in distressed retail companies. "The real question now is when does it all end?"  Sears recently confirmed reports that it is planning to close more stores and lay off workers. The ...

Tags: Sears Has Passed The Point Of No Return,  Michael Lewis Latest News

OCT 15, 2014 - Business Insider

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Analysis: Department Stores Fight Back From Online Challenge

By Emma ThomassonPARIS (Reuters) - Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping.Retail consultancy Verdict predicts the global sector should return to growth in 2014 and expand by 22 percent to about $450 billion by 2019. The recovery will be ...

Tags: Analysis: Department Stores Fight Back From Online Challenge,  Michael Lewis Latest News

OCT 11, 2014 - Zero Hedge

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As Monday Looms, Experts Warn Japan's Half-Trillion Dollar Fat-Finger-Trade "Could Absolutely Happen" In The US

Just over a week ago, the Japanese stock market participants were stunned when stock orders amounting to a whopping $617 billion (yes Billion with a B) - more than the size of Sweden’s economy - were canceled for reasons still unknown in what was one of the biggest 'fat finger' trading errors of all time. Since then, US equity markets ...

Tags: As Monday Looms, Experts Warn Japan's Half-Trillion Dollar Fat-Finger-Trade "Could Absolutely Happen" In The US,  Michael Lewis Latest News

OCT 10, 2014 - TheStreet

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Reissued "Liar's Poker" Book Loses None of its Punch in Era

NEW YORK (The Deal) -- A quarter century on, the characters in the Wall Street bestiary that is Michael Lewis's book "Liar's Poker" are as captivating as ever. There's the wife of the Salomon Brothers managing director who gets Lewis a job after meeting him at a dinner at St. James's Palace in London and then hails the Queen Mother ...

Tags: Reissued "Liar's Poker" Book Loses None of its Punch in Era,  Michael Lewis Latest News

OCT 09, 2014 - The Economist

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Business education: Banks? No, thanks!

“AN INVESTMENT banker was a breed apart, a member of a master race of dealmakers. He possessed vast, almost unimaginable talent and ambition.” So wrote Michael Lewis in his 1989 book, “Liar’s Poker”. Mr Lewis charted the ascent into investment banking of the most talented graduates in the 1980s, a situation that still held true as the financial crisis struck ...

Tags: Business education: Banks? No, thanks!,  Michael Lewis Latest News