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Business Blunders

Business is great, until somebody blows it. This is a newsletter about the biggest mistakes in business – from ethical lapses to gross miscalculations – by a long-time financial journalist who has seen it all.

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Boiler Room 2026

Cold calls. Sales scripts. Promises of 1,000% returns. The SEC says an old stock-peddling scam found a new generation of victims.

Michael “Mickey” Monus – Phar-Mor

He played doctor with the books. His pharmacy chain kept bleeding.

Ed Mattar – BestBank Of Boulder

He was a lifelong deadbeat. Somehow he got his hands on a state-chartered bank.

The Luigi Effect

Luigi Mangione has changed corporate security. CEOs may never feel safe again.

NFT Monkey Business

Venture capitalists bet millions on a startup promising to build an exchange for cartoon apes. Prosecutors say founder Taj Tarsha blew investor funds on gambling and his DJ career.

Confessions Of An FBI Crypto Thief

Prosecutors say agent Patrick Yaroch raided digital wallets. Then his conscience blew his cover.

Leaky Pants

First came explosive diarrhea. Then came allegations of a $32 million inside job. It's been one crappy summer for Taylor Farms.

How To Lose An Internet Fight

eBay executives tried to silence a newsletter. It cost them tens of millions of dollars, seven criminal convictions, and one of the worst public-relations disasters in Silicon Valley history.

Another Billion-Dollar Bedtime Story

Silicon Valley bet big on yet another young prodigy. Now they're waking up to reality ... again.

Blowing Sunshine

Jay Lucas preached positivity while looting his $50 million private equity fund