Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Wall Street Money Never Sleeps On Columbus Day

October 11, 2010March 19, 2017

A DOCTOR, A LAWYER, AND A PRIEST

I’ve known David Sipress since we were six. And what a dazzling short story he has just published – as richly textured as his New Yorker cartoons are spare. If you enjoy short fiction, set aside 15 minutes with this. It’s a holiday!

“WALL STREET MONEY NEVER SLEEPS”

Have you seen it yet? The scene at the New York Federal Reserve where 94-year-old Eli Wallach – as the grand old man of Wall Street – foresees the implications of failing to save the investment banks? “It’s the end of the world!” he says. This fiction jibes neatly with the real live facts, as recounted in Andrew Ross Sorkin’s page-turning Too Big To Fail, now in paperback. Most are oblivious to how close to disaster we came – not least because sounding the alarm full blast can cause disaster. (Maybe this is why they don’t shoot off cannon to warn of avalanche conditions.)

GLDD, NBIX, DCTH

GLDD is up 25% since discussed here last month; DCTH jumped last week on takeover rumors (which are probably bogus, opines this bull on the stock); and NBIX, first suggested here last February at $2.60, has now nearly tripled, closing up a buck at $7.34 Friday as Jefferies & Company initiated research coverage of the stock suggesting a target of $12. I am happily holding on to all three.

Post navigation

← Mexican Bonds
The Phones Don’t Work, But At Least The ATMs Do →

Quote of the Day

"I think it's true what John Kenneth Galbraith says that there's a very great difference between not enough money and enough. And very little difference between enough money and more than enough."

Michael Crichton

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Take Heart!

    July 12, 2026
  • RNGE! Crypto! ICE! Yikes!

    July 10, 2026
  • Pope Leo Wishes Us A Happy Birthday

    July 9, 2026
  • Trump: Up Three Billion; Investors: Down Seven

    July 8, 2026
  • Communism: Carl Responds!

    July 7, 2026
  • Communists? Really? Does He Even Know What A Communist Is?

    July 6, 2026
  • RNC Chair on Epstein

    July 5, 2026
  • Barry Goldwater Had It So Right!

    July 3, 2026
  • What Reagan, Rogan, Bono and AOC Have in Common

    July 3, 2026
  • Depoliticize The Court!

    July 1, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams