John Crudele has been a financial columnist for the New York Post for the past two decades. Before that he was a columnist with New York Magazine, The New York Times, Reuters and various other publications. His columns have been syndicated around the country. He attended Syracuse University where he received his B.A. and he received his M.A. from New York University. He's appeared on TV and radio, and he teaches writing for the NYU School of Continuing and Professional Studies. Crudele gets his skepticism, nasty attitude and his wise mouth from growing up in Brooklyn. He believes that if you have money people will try to take it away from you, and tries to protect readers from that.
Ah, the start of Labor Day weekend. Wouldn't it be nice if tomorrow's monthly employment report was good enough to honor its namesake holiday! This is the point where I usually have the nerve to make a prediction...
September 02, 2010 12:00 AMThe Bee Gees expressed it best when they sang, "It's only words, and words are all I have." That, in a nutshell, is Ben Bernanke's problem right now -- all he has is words. The Fed chairman gave his usual...
August 31, 2010 12:00 AMDear John: First off, thank you for acknowledging my e-mail regarding the Wall St. Casino. Yes, I am cranky. It's not that I'm negative but more than anything I am very, very, very frustrated with investing and Wall...
August 29, 2010 12:00 AMIs it time to rig the stock market (again)? If you've been following my column for any length of time you know this: I believe the stock market was rigged at opportune times during the reign of Treasury Secretary...
August 26, 2010 12:00 AMOoops! It was just a false alarm. Stock prices declined sharply late last week and most of the blame was placed on the latest unemployment claims figures released Thursday morning. It showed -- or at least alleged...
August 24, 2010 12:00 AMDear John: I work for a car dealership that does an extremely large volume. I am currently 24 years old, am a full-time college student and am one of the top salesmen. I sold 26 cars last month. I read your article in...
August 22, 2010 12:00 AMDouble-dips are good for ballroom dancers and useful to economists. The first is obvious. If you can execute an elegant dip or two during a tango it goes a long way toward obscuring flaws in the rest of your...
August 19, 2010 12:00 AMHere's a thought: if Ben Bernanke's Federal Reserve really wants people to spend more money then it should raise interest rates -- not on loans but instead on the amount paid by banks to savers. This is, admittedly...
August 17, 2010 12:00 AMDear John: Why am I so pessimistic about our economy ever recovering? I know FDR had World War II to get him going and then there was Silicon Valley to heal the last recession. Now, what do we do? S.W. Dear S.W. We...
August 15, 2010 12:00 AMIt's going to take a miracle for people who receive Social Security payments to get an increase next year. Hey, don't yell at me! I'd give you a hike if I were making the decision. But I've learned that the way...
August 12, 2010 12:00 AMDo something! Anything! That's the plea coming from Wall Street these days, especially now that we've seen the July employment picture and it was unexpectedly -- except to readers of this column -- bleak. The...
August 10, 2010 12:00 AMDear John: I read the letter in your column that was written by M.S. about his recent travails with unemployment. Please have this person contact me if he is willing to take a job as a receptionist in a medical office...
August 08, 2010 12:00 AMI Don't have the heart to break any more bad news to President Obama. So, if you happen to have his phone number, please deliver this message: Go easy on the upbeat chatter about the number of jobs being created by...
August 07, 2010 12:00 AMBad is good. Even if good is better. Buy stocks now. Before the bad weather. These four nearly poetic lines sum up the convoluted investment logic of stock market investors this summer. Do I really need to...
August 05, 2010 12:00 AMBy her own count Kathy Chambers has applied for 1,056 jobs since being laid off by Union Carbide in 2006, where she worked for 19 years. She keeps track on a spreadsheet that goes back to April 2007, when she...
August 03, 2010 12:00 AMDear John: On Feb. 11 I received a call from Bank of America looking to confirm that I'd called at 2:30 a.m. to change my access codes and the address on my credit-card accounts. I told them I hadn't. They said, "We...
August 01, 2010 12:00 AMBuyer's remorse: It's like when you buy a jelly doughnut to eat while you're driving but forget that you have a stick shift. So you wish you hadn't ever purchased that damn car. Well, I'm being told that some...
July 29, 2010 12:00 AMWhat have you been smoking? That was asked a lot in the '60s. Now the question is coming back into vogue -- but for an entirely different reason. US tobacco companies are worried that the recent tax hike on...
July 27, 2010 12:00 AMDear John: I recently applied to TD Bank for a loan. The application asked my race. Is this still legal? I am 60 years old and grew up in South Carolina on a working plantation. Even then we could get a loan in our...
July 25, 2010 12:00 AMNear Chicago there are two 36-year-olds who will probably spend today playing video games, like they do most days. They had been collecting unemployment benefits for nearly two years until they reached the limit....
July 22, 2010 12:00 AMThis is not going to be the story of an ordinary Internet fraud. Trust me on this. Laura is a 27-year-old former beauty queen with a lot of friends and hundreds of acquaintances. You can tell that by the fact that...
July 20, 2010 12:00 AMDear John: I want to give you a little insight about how bad the economy is. I had a business for 13 years until last August, when I had to turn my keys over to the landlord because I couldn't pay my electric bills....
July 18, 2010 12:00 AMIt's a start. Goldman Sachs is guilty of jaywalking. Yesterday the giant Wall Street firm with the outsized Washington connections agreed to pay a fine of $550 million -- which is also known as chump change in...
July 16, 2010 12:00 AMThe Federal Reserve seems to fi nally under stand the true nature of the economic mess in which it finds itself. Now if only the White House would get clued in, we'd take the first step to ward solving our problems....
July 15, 2010 12:00 AMThe federal commission look ing into the causes of the financial meltdown has copies of phone logs documenting calls between Lloyd (Doing God's Work) Blankfein and Hank (I Talk With People Doing God's Work) Paulson....
July 13, 2010 12:00 AMNew York State is so desperate for money it is squeezing one of its few profit centers -- undercover operations against cigarette bootleggers -- so hard that the operation has virtually shut down. "We are totally...
July 08, 2010 12:00 AM
LET me explain a bit about the concept of a "double dip" recession, which has been getting as much publicity as Lady Gaga. The economy, as you know, hasn't been behaving itself lately -- also kinda like Ms. Gaga....
July 06, 2010 12:00 AMDear John: I am a New York City firefighter who contacted you once before about something you wrote that was troubling to me because I interpret it to mean that the stock market is no longer a viable investment option....
July 04, 2010 12:00 AMThe price of cigarettes goes up another $1.60 a pack in New York state today. So I was wondering how the new cost of between $12 and $13 a pack compares with other addictions people might want to try. I'm not...
July 01, 2010 12:00 AMApparently, all it took was a subpoena up the tush to make Goldman Sachs cooperate with a Washington committee looking into the financial crisis. A source at the Financial Crisis Inquiry Commission, which is headed...
June 29, 2010 12:00 AM
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