America’s Expendable Workers

Sought a unionTo get some clout;Boss spent thousandsTo keep it out. Back in business school, they taught us that a company’s major costs were land, labor, and capital. There were strategies to minimize each, with labor the most complicated cost to control. That...

Misdemeanors for the Rich

Here’s a crime drama, tragedy, and farce–all in one. First comes the crime perpetrator, Martin Erzinger. A well-heeled wealth manager in Morgan Stanley Smith Barney’s Denver office, Erzinger handles more than a billion dollars in private assets and...

Not Much to Celebrate with Obama’s Tax Deal

We enter 2011 with a few more dollars in our paychecks. For about 98 percent of Americans, the extension of Bush tax cuts and the new payroll tax holiday will make it easier for us to afford a gallon, rather than a quart, of milk for our families each month, and to...
Move Your Money

Move Your Money

Do you love your megabank? I’m talking about your local branch of CitiChaseWellsMorganofAmerica–or some similar financial conglomeration. As you might have learned from experience, they have thousands of bankers who specialize in finding innovative new...

Dubai: Temple of Greed

Wealthy playground, By the sea; Never meant For you or me. You may be a bit hazy on the Persian Gulf. Basically that’s where a lot of the world’s oil comes from. The Gulf is a long, slim, shallow dead-end sea connected to the Indian Ocean by the...