If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
When it comes to doing business, can we make a meaningful distinction between self-interest and selfishness?
Anthony Scaramucci has written The Little Book of Hedge Funds, an entertaining and informative book without the typical Wall Street bombast.
The $22 million agreement with Goldman Sachs which the SEC announced yesterday -- another one in which the guilty party "neither confirms nor denies wrongdoing" -- looks like the worst deal yet.
Whatever economic miracle is sweeping big Chinese cities such as Beijing and Shanghai, it has given Loong Poon Lei, and hundreds of other villages, a wide berth.
Finance and the Good Society is a timely and on the whole persuasive reminder that the institutions of capitalism have the capacity to spread democracy, prosperity and greater equality.
As a former 1 percent member who got his backside kicked in the real estate "boom and bust" over the last decade, I'm officially a 99 percent member (misery loves company) -- and it's with unique privilege that I can report stories from the frontline.
Finding your own Higher Purpose is like finding the source of the Nile. The journey is just as important as the destination, and when you get there it can often be a bit of a disappointment. The key to searching for your Higher Purpose is to be conscious of it and keep searching.
If timing is everything, than the timing of Mr. Sorkin's article becomes ever so curious coming just one week after the publication of these humungous sums. There he was, as so often before, trying to steer our focus from the excesses of Wall Street's "Big Money" parade.
The problem of gender imbalance is endemic and our leadership is failing us. Desperately failing us. And here's the startling fact behind the numbers: unless we take action, gender imbalance will only get worse!
Nicholas Kristof reported in Sunday's New York Times Magazine that Goldman Sachs owns a 16% stake of Village Voice Media.
In The Partnership: The Making of Goldman Sachs, Lloyd Blankfein defines Goldman Sachs' view of conflicts, but his concept of the relationship between an advisor and its clients is alien to the tenets of trust and fiduciary obligations.
If the Volcker Rule is implemented as planned, that would have a major negative effect on the bond yields paid by the Muppets and other leading providers of children's entertainment. No one else will ever trade these bonds to any significant degree.
Watergate made a mockery of American justice revealing a corruption so deep and pervasive that it "almost had the country brought down by it." For Springsteen and America, the financial crisis has exposed the same.
Clients should protect themselves by always asking their adviser straight-up: are you a registered investment adviser? Only those three exact words will tell the tale. And they should get it in writing -- to prove they aren't a muppet.
The most famous Muppet of all, Kermit the frog, famously stated, "It's not easy being green." Turns out, it's not easy as being an empowered investor either.
