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Joe Nocera Courtesy of The New York Times

#42 Joe Nocera

The New York Times

Joe Nocera began writing a weekly column for The New York Times’ business section in 2005, after 10 years at Fortune. More information


From Silicon Valley office parks to Wall Street boardrooms, Nocera leaves no corner of American business unexamined, from the government bailout of AIG to the failed merger between Yahoo and Microsoft. By eschewing abstract economic theory to focus largely on personalities—Steve Jobs, Timothy Geithner, Rupert Murdoch—Nocera makes the often-dry business world compelling and understandable for the general reader.

Until the recent financial crisis, Nocera rarely addressed broad economic policy, preferring instead to analyze specific businesses or industries. But with financial woes making daily headlines, Nocera has lately devoted more time to looking at the big picture of macroeconomics. Though generally supportive of the federal bank bailouts, Nocera nevertheless believes Congress has been "taking all the wrong lessons" from the crisis.

Joe Nocera on All Topics

Displaying 1-15 of 31

November 1, 2009
Sports

Warming to the Yankees

The Pax Bloombergiana will endure a while longer. But then what? Will we have forgotten how to govern ourselves?
October 23, 2009
Reforming Wall Street

Short Memories at Goldman

What other business knows that it will never have to face bankruptcy, no matter what?
October 22, 2009
Reforming Wall Street

Pay Cuts, but Little Headway

No pay czar can do that. That’s something only shareholders can do.
October 16, 2009
U.S. Economy

The View From Inside a Depression

There are plenty of experts who will tell you the worst is over, and I hope they’re right. But as Mr. Roth discovered in the 1930s, the experts can’t predict the future any better than the rest of us.
October 9, 2009
Reforming Wall Street

Have Banks No Shame?

A consumer protection agency, on the other hand, wouldn’t have that dual mission; its sole goal would be to try to keep bank -- and nonbank -- customers from being gouged, deceived or otherwise taken advantage of.

Incompetent? No, Just Not a Leader

Some people are born to be leaders. Hugh L. McColl Jr. is such a person.
September 25, 2009
G20 Summit

From Obama, G-20’s Mission as Tim Sees It

Banks hate higher capital requirements because they depress profits. So they’ll have to make a choice: risky assets or lower capital requirements. They won’t be able to do both.
September 11, 2009
Bank Bailouts

Lehman Had to Die So Global Finance Could Live

Lehman Brothers was simply in the wrong place at the wrong time. But for the sake of the financial system, it was also the luckiest thing that could have happened.
September 4, 2009
Technology

The Cloud Hanging Over Skype

The mission of Skype, after all, is to shrink the world and bring people together.

It’s Time to Admit That Money Funds Involve Risk

A year after Lehman weekend, it’s time to begin limiting the need for the government to always ride to the rescue. It’s time to reduce moral hazard wherever possible.
August 14, 2009
Madoff Scandal

A Tale of Two Judges

Let’s hope [Mr. DiPascali will] start spilling the beans again -- and we’ll finally get to the bottom of the Madoff scandal.
August 7, 2009
Federal Agencies

It’s Time to Stay the Courier

Do we even still need the government to deliver the mail anymore? To me, the answer is obvious: no.
July 24, 2009
Bank Bailouts

A Little Too Responsible? That’ll Cost You

For the rest of us, though, the fact that the government is letting CIT sink or swim on its own, even though its prospects are dim, should be a note of optimism.

Looking Back in Anger at the Crisis

If the Bank of America-Merrill deal hadn’t gone through, Merrill Lynch would have been in a horrible position, akin to Lehman Brothers or the American International Group.
July 3, 2009
Madoff Scandal

Ire at Madoff Swings Toward the Referee

Many of Mr. Madoff’s investors were elderly Jews, who put their trust in “one of their own
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