 The Wild Wild World of Wealth |
We’ve all heard about what Government should do to strengthen the financial industry but what about bankers themselves? If Wall Street is serious about maintaining leadership in global finance over the long term, banks could already be implementing smart changes to enable just that. Here’s what Wall Street can do right now to regain its credibility—without waiting for Washington.
On Thursday, April 15, Anna Bernasek will guest blog on Acrimoney. Her post—Top 5 Ways for Wall Street to Regain Trust—is timely to say the least. Make sure to check back and see what Anna means when she advises banks:
“Eat your own cooking.”
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. Watch CBS News Videos Online As a stockbroker, I was wary of [...]
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Jimmy Cusack is the tough kid from a blue-collar neighborhood who made good on Wall Street. Well, almost. After a sterling start to his career, things have soured. His hedge fund has collapsed. The bank is foreclosing on his condominium. And his wife is three months pregnant. That’s the good news.
From Publisher's Weekly -