class-war

Wall Street Fat Cats Finally Back on Track

Hamilton Nolan · 10/14/09 03:00PM

The Way We Live Now: Tip-top! "Wall Street on Track to Award Record Pay." Meanwhile, we're cutting the pay of non-Wall Streeters in half, and lowering the minimum wage. The rational market at work!

AIG Is Making Money Again

John Cook · 08/07/09 11:22AM

Is that good or bad? We just don't know anymore in this topsy-turvy world of bailouts and bonuses and government ownership of corporate monsters. But whatever—AIG pulled in a cool $1.8 billion last quarter.

Conde Nast Pits Lowly Assistants Against One Another

Hamilton Nolan · 07/23/09 11:23AM

The management at Conde Nast is well aware that lowly assistants—who are paid poverty wages in order to take order from high-strung self-important media assholes in $8,000 outfits all day—could snap at any time. Solution: divide, conquer.

Your Tax Dollars at Work

John Cook · 07/21/09 03:22PM

The St. Regis Monarch Beach, the rich-people hotel that AIG executives partied at after getting all their bailout money, couldn't pay its bills and so now a bailed-out Citigroup owns it. And it's losing money. Your money.

Rich Guys Blog, To Make You Mad

Hamilton Nolan · 06/16/09 11:02AM

The failing San Francisco Chronicle has started—in the midst of the worst economic downturn since the Great Depression—a blog by two idly rich guys. Topic: "What's it like to be rich?" Lots of dodging pitchforks, I imagine.