Should the SEC Tweet?
Norb Vonnegut | May 12, 2009
If anything, FINRA and the SEC are compounding a problem. They’re regulating unevenly. The result is that bad guys have a place to hide—or to reinvent themselves.
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"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..."
- from TOP PRODUCER,
a Wall Street thriller
Top Ten Ways to Spot Financial Fraud
Norb Vonnegut | May 5, 2009
With this question in mind, I offer the “Top Ten Ways to Spot Financial Fraud.” The list won’t make Letterman. But the purpose isn’t to be funny. It’s to help you identify the bad guys through “touch and feel” rather than in-depth knowledge of the capital markets.
Raiders of the Rubber Chicken Circuit
Norb Vonnegut | April 17, 2009
Not another Ponzi scheme.
The lineup of disgraced financiers is growing. Danny Pang is the newest entrant. Earlier this week, the Wall Street Journal (“WSJ”) reported that authorities are investigating his firm for…you guessed it…a Ponzi scheme. At stake are $4 billion in assets under the control of Private Equity Management Group.
The picture in the WSJ [...]
