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Articles about the work of Alexandra Stevenson

Parking Ticket
smartertimes.com

From an article on the front of the New York Times business section:

The history of SAC's rise as it became one of the biggest and most successful hedge funds and its subsequent fall, punctuated by the settlement on Monday, is part of a larger story of how the industry has evolved since the 1980s, when insider trading charges were treated with the seriousness of a parking ticket.

Was the reporter who wrote this article even alive in the 1980s? Was the editor who moved the article along even alive in the 1980s?

Here is a New York Times headline from December 19, 1987: "Boesky sentenced to 3 years in jail in insider scandal."

Here is a New York Times headline from 1989: "'Junk Bond' Leader Is Indicted by U.S. In Criminal Action."

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Gross and Capital Gains Taxes
smartertimes.com

The New York Times reports without skepticism on the call by Pimco's Bill Gross to increase capital gains tax rates to the current rates on ordinary income. The Times writes:

Mr. Gross was referring to tax breaks that some of the wealthiest Americans receive because they earn their income through investments, which are taxed at a lower rate than regular income. This has led to a yawning gap between the rich and the poor.

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Alexandra Stevenson

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