The one result that running a regulatory agency by committee can guarantee is that it will be slower and less efficient. CFPB is supposed to be a cop on the beat, and there's a reason beat cops don't work by committee.
You don't trust the securities industry. You can't forget it was these "investment gurus" who brought us to the brink of a worldwide depression. If they can't manage their own money, what qualifies them to manage yours?
I never actually met anyone in person from Bank of America. I was not too big to fail; I was too small to notice.
Once the stock market starts sizzling again and Boomers may be deluded into thinking they can retire, there's not much that will stop a broker or insurance salesperson from turning their inadequate 401(k) balance into an annuity.
As a corporate lawyer for entrepreneurs, I am frequently asked if it's okay to raise funds on Facebook or LinkedIn. The short answer is no. Here's what you should know.
It is for many of us a huge disappointment to see Rajat Gupta involved in one of the dumbest things one could do on Wall Street.
The ultimate deconstruction of the notion of "scornful shareholders" goes to the wishful thinking the Times often indulges in -- that there really is a process called shareholder governance that works.
If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.
You are hereby invited to join my journey as I endeavor to use crowdfunding as a 21st century alternative to angel investment fundraising.
A new book will prove indispensible for those interested in the problems and benefits of replacing human traders with algorithmic machines -- in one of most important markets in the world.
If you're like millions of other savers who don't have time to do your own analysis, you probably assume the manager of your account is a guru or rare collection of financial wizards.
A close look at Goldman Sachs' investment in Facebook shows how the world has changed, and how corrupted that process has become.
Amid Crackdown on Wall Street, Government Enforcement Efforts Still Questioned By Adam Zagorin and Michael Smallberg of the Project On Government Over...
Cisco's brisk insider sales were a huge red flag to investors to stay away from the stock, that something might be wrong.
Proxy access comes down to this: If you give long-term shareholders (meaning those who own 3% of the shares for three years) easy access to board nominations, they will finally be able to perform their monitoring function adequately.
By Jeanne Gobat The breakdown of the short-term funding markets was one of the most striking features of the global financial crisis. Equally astonis...