Christopher Whalen

October 28, 2025

The Bezzel: Is it 1925 All Over Again?

EditorEconomy Christopher Whalen, Daily Reckoning

During a conference call with investors last week, JPMorgan CEO Jamie Dimon made a memorable response to a question from Wells Fargo analyst Mike Mayo about the collapse of a subprime auto lender called Tricolor that cost the bank $170 million. Tricolor went bankrupt due to allegations of fraud, including […]

May 14, 2025

The First Crypto Currency: The Dollar

EditorCrypto Christopher Whalen, Daily Reckoning

President Abraham Lincoln is considered to be the moral savior of the United States for ending slavery. To pay for the war, he made enormous changes in the basic relationship between the federal government and money. These changes greatly diminished individual property rights and increased the power of Washington over […]