Mark Gimein Mark Gimein Blogs Contact Articles
Since joining Bloomberg.com I've been doing more editing than writing. When I've had a chance to write it's been for Bloomberg's nascent blogs. I led the editorial development of Bloomberg.com's blog platform, which now includes blog devoted to tech and politics. In January launched Bloomberg.co's new economics and finance blog, The Market Now. You can keep up with my posts and stories as they appear by following me on Twitter.

Some of my posts for Bloomberg.com's blogs have extended extensive reporting (and, yes, plenty of charts). Posts on the Market Now blog worth reading include this one analyzing two decades of bonuses to figure out how Wall Street got so rich. 4BRs, $29,750 a Month: a Story of Inflation is a fairly long feature in blog form.

Semi-recent* stories: One story for New York Magazine looked at just how bad economists are at predicting recessions. Another at how good New York's most highly hyped charter school is at plumping up its results. Veering off from my usual subjects--though you might count gluttony and greed as part of economics--I wrote this piece for the Paris Review Daily.

*This used to be just "recent" but since I started editing it's been a while since an update.

The Money Trail Column

For Slate's financial news and commentary site The Big Money I wrote more than a hundred features, most as part of my "Money Trail" column. TBM had a two year run, starting with a September, 2008 launch right as the financial crisis started. Slate took down the TBM archives, so I've replaced the original links with PDFs (some columns also ran on New York Magazine's website).

Mobsters in Nicer Suits?: In "The Bust Out" I wrote about what the Mafia teaches us about pursuing white collar crime. One way not to do it: the SEC's campaign against Goldman Sachs. In the category of "self-delusion" I looked at the endless optimisim of the real estate business.

The financial crisis? It keeps on giving: In a story about Wall Street pay I talk about how bonus rage misses the causes of the crisis; if you think I take the side of Wall Street against ordinary folks, there's also this one about why debtors have every right to ditch their mortgages.

Then there's the peripheral damage--and all the shady loan schemes beyond mortgages. I investigated the case of the unemployed college grad who sued her school. Another column uncovered the failure of the much hyped "person to person" loan business.

Steve Jobs, Meg Whitman, and other folks: "Leave Steve Alone" is about Steve Jobs' cancer, and why the same reasons employers don't have the right to know your medical history apply to shareholders, too. This is one of the longest TBM columns, and one of my favorites.

A story about Meg Whitman covers Meg Whitman's charisma deficit and why she would make a lousy candidate for governor of California (that one proved to be on target). I wrote about Putin's Ukrainian adventures and and about the strange world of the Iraqi Dinar investors.

Some Noteworthy Magazine Features

A lot has been written about malpractice law and tort reform, but few stories look at what actually happens in the typical malpractice case. For "The Equation" [PDF] [Website] I followed the three way tug of war between a top New York hospital and a law firm specializing in the difficult cases of children with grievous brain damage.


       

"George Soros is Mad As Hell" [PDF] [Text] profiled the internationalist billionaire, focusing on his despair at the the nation's political direction in a newly paranoid age.


Three months of reporting led to "Sam Walton Made Us a Promise", [PDF] [Text] a nuanced look at Wal-Mart and its workforce that steers clear of both Wal-Mart's PR machine and easy Wal-Mart bashing.


"You Bought, They Sold" [PDF] a Fortune cover project I conceived to illustrate with hard numbers the amazing peaks of executive greed in the stock market frenzy, showed how officers of some of America's losingest corporations walked off with billions in profits as their companies crashed and burned.

 A story about business guru Tom Peters asked "Now That We Live In A Tom Peters World, Has Tom Peters Gone Crazy?" [PDF] [Text] and looked at the cultural and ethical implications of his critique of American business. This was among the first features I wrote at Fortune but remains one of my favorites.

More Stories


Other print articles: Of many other features, two more worth mentioning might be "Little Better Yellow Different" [PDF]  [Website], a skeptical take on the advertising business for New York Magazine and "What Did Joe Know?" [PDF] [Text] an investigative story for Fortune about telecom kingpin Joe Nacchio, later convicted on multiple insider trading charges. In this essay for Businessweek, I recount how AT&T execs demonstrated why the phone giants can't innovate better than any reporter could have wished.

From Slate, public policy articles ... and dinner party policy: In articles for Slate I wrote about measuring inequality and why eliminating insurers won't cut health care costs. But the Slate story that garnered more attention was about the math behind the age old shortage of marriage-worthy men.

A trifecta of pieces about the mortgage crisis for Slate: Three stories for Slate about the road to financial meltdown. One covered how mortgage giant Countrywide was profiting from the foreclosure business. Another, "How The Mortgage Industry Nurtured Deceit" was about how industry created a nation of liars. And this one predicted in April 2008 that the subprime mess would turn into a much bigger crisis. It did.



(stories from the TBM Money Trail column, continued)

I weigh in on Michael Jackson, the Oscars and Wired's Chris Anderson--all in one story. Also, for those who want to venture into the tangle of copyright, a a defense of Google Books. In "Pigou You Too" I wrote about economists' misplaced love of Pigouvian taxes.

The start of the mortgage crisis and the implosion of the financial industry: A piece for The Big Money looked at how much responsibility for the crash lies with Main Street, not Wall Street. A piece about Lehman Brothers for New York Magazine and one about short sellers for The Big Money give the financial crisis some historical perspective.

Definitions of freedom: A couple of stories at the intersection of business and politics, about how free markets failed the press in Russia and China and the cynical motivations behind Arizona's anti-immigrant campaign.



markgimein    Yikes! Twitter seems to have changed their API. That's a fancy way of saying the code for my Twitter updates here no longer works. I'm working on getting this fixed very soon.