Marcus Shak
Shak: Bankers are too reckless

If you give someone $10,000 to gamble in a casino every morning and he leaves every night with either a percentage of any profits or […]

BUSINESS COLUMN | Shak: Leverage: the path to stability?

Most economists, politicians and businesspeople have accepted the business cycle as unavoidable and see the Fed Funds Rate, the key interest rate controlled by the […]

Shak: Stop CEO greed — follow the money

The benefactor of the Thain Family Café, former Merrill Lynch CEO John Thain, seems to have become one of the most noteworthy examples of Wall […]

Shak: In crisis, mindset at fault

As the United States economy crumbles, people have pointed fingers in all directions. Few as of yet, though, have dared to admit that our crisis […]

Shak: Elis will feel sting of banks’ fall

Last week was one of the most chaotic in Wall Street’s history. Several important stocks dropped cataclysmically — namely Fannie Mae (FNM), Freddie Mac (FRE) […]