Thinking It Through

An Interview with Asher Edelman

After a meteoric career on Wall Street culminating in his status as a top-level corporate raider in the 1980s, Asher Edelman reinvented himself as a museum curator and art financier. Here, he discusses the reactivity that unfortunately characterizes investing today and why he thinks the global economy is headed for a 2008-style “big bang.” European banks play a key causal role in his doomsday scenario — one given all the more credence by their troubled performance in recent months.

Octavian Report: How did you get your start in finance?

Asher Edelman: I worked as a “runner” in high school. We used to deliver the actual certificates on Wall Street. I worked for the firm that Bernard Baruch dealt through, Sartorius and …

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