 The Wild Wild World of Wealth |
16 March 2010
I just watched the 60 Minutes segment on Michael Lewis and his new book, “The Big Short.” He had some terrific sound bites including my favorite about AIG: “…they didn’t know the mistake they were making.” Here’s one reason I’m buying the book.
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As a stockbroker, I was wary of all the [...]
11 March 2010
I plan to examine three questions. How can we regain confidence when:
Havoc is more profitable than fixing problems?
Employees don’t trust the companies they represent?
Nobody has the global power to regulate financial institutions?
5 March 2010
Market Defies Fear of Real Estate Bubble in China
A real estate bubble, fueled by bad loans and too much leverage, explains much of our stock market’s turmoil since 2008. So today’s article from The New York Times on the Chinese edition, caught my attention. Here are a few of the sound bites:
Last year, a record [...]
"My job is the occupation formerly known as 'stockbroker.' But it has been years since anyone called me that. Stockbroker sounds oily. Glengarry Glen Ross. The word makes clients twitch..." Click to buy.
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