 The Wild Wild World of Wealth |
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Do you ever feel the financial news makes no sense? Do stories leave you with more questions than answers? I created Acrimoney to discuss Wall Street’s behavior behind the headlines. As a veteran of a wealth management business that exceeded $1 billion in assets, I offer insight into the people and the “doings” that affect your money. I’ll start the discussion. But I hope you’ll jump in and say what you think.
Yesterday, Goldman Sachs settled fraud charges associated with Abacus CDOs for $550 million. Not surprisingly, the settlement excluded Fabrice P. Tourre, who will no doubt be hung out to dry as the Tourre de Toxic winds to a close.
Personally, I think the government just got pimp-slapped. Here are five reasons why:
Celebrity is taking on a whole new dimension in the Internet era. Blogs, posts and status updates allow our thoughts to hang out in cyberspace forever. I’m not sure we’re capped at 15 minutes anymore. It’s more about how often we get re-tweeted. So with this in mind, I humbly offer the following update to Warhol’s classic:
From Publishers Weekly Starred Review. Vonnegut’s debut meets the gold standard for financial thrillers as it puts the frenzied, cutthroat world of Wall Street’s best stockbrokers (aka the top producers) on brilliant display. Ripples from the bizarre murder of Charlie Kelemen, wealthy hedge fund operator, quickly reach his best friend, Grove O’Rourke. A top producer [...]
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