The wizards of finance

“This latest incident and the previous Chuetsu-Oki earthquake indicate that the business risk of operating nuclear power plants in Japan is higher than previously contemplated,” Moody’s analysts including Kenji Okamoto said in a note, putting the company [TEPCO] on a review

Security news

The lesson of this story is that even (particularly?) computer security companies cannot put up with the inconvenience of standard security precautions. Greg Hoglund’s nightmare began on Super Bowl Sunday. On Feb. 6 the high-tech entrepreneur was sitting in his

Incumbent Capitalism

This is one of my big beefs with the way we think about capitalism in this country: We fundamentally support what I call incumbency capitalism. We don’t support innovation capitalism. What’s the difference? Every rule around tax credits in the