BUSINESS COLUMN | Wolf: Choosing bankruptcy over bailout

April 2, 2009 • 0
For many Americans, the idea of another round of bailout money for the auto industry is the last straw. Enough! After all, if Sweden — the socialist land of 55 percent tax rates — could slam the car door in Saab’s face when it requested bailout money, maybe the U.S. should realize the socialist tag »

BUSINESS COLUMN | Wolf: Stimulus check: spend or save?

February 19, 2009 • 0
On Tuesday, President Barack Obama signed into law a $787 billion stimulus package to address the stalling U.S. economy. As the News reported in Cross Campus that day, Yale students who earn $2,500 annually will receive checks of $155; more broadly, Americans will get back 6.2 percent of their earned income, up to $400. In »

Wolf: Dear Yanks: Money can’t buy you wins

January 15, 2009 • 1
Every baseball offseason, I chuckle at the outlandish free-agent spending of the New York Yankees. But unlike some fans who think the spending is unfair or excessive, I laugh because I know the truth behind all of the money spent: It does not win them championships. Case in point: From 1996 to 2000, the Yankees »

Think of the future: Invest in stocks now

October 30, 2008 • 2
Those sitting on cash saved from summer internships are probably glad they did not invest in the stock market at the beginning of the school year. Even after Tuesday’s rally — the second largest single-day point gain in history of the Dow Jones Industrial Average — the Dow has lost over 20 percent in the »

Wolf: Blame market-backed securities

September 22, 2008 • 4
Think back to senior year of high school. You get home from school and flip the television to MTV. You rock through 45 seconds of TRL with Nickleback, and then a middle-aged bald guy breaks into the middle of “Hero”: Citing risky endowment investments gone wrong, Columbia, the University of Pennsylvania, Brown, Dartmouth and Cornell »

President Levin should stay mum on politics

October 16, 2007 • 0
Ladies and gentlemen of Yale campus: it’s time for an attitude change. It’s time to start appreciating the great gift of a Yale education and stop shaming ourselves for our endowment’s recent financial success. It’s time to start showing respect for our professors and administrators and to stop asking our pedagogical mothers and fathers to »