The Wild Wild World of Wealth |
"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..."
Norb Vonnegut | March 11, 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?
Norb Vonnegut | March 3, 2010
In case you missed Matt Lauer’s interview with Harry Markopolis, here it is. Markopolis is the money manager from Boston who met with SEC four times and tried to expose Madoff’s Ponzi scheme. He said some terrific things during the interview and some that give my pause:
“If you don’t understand the strategy, don’t invest in [...]
Norb Vonnegut | February 24, 2010
Here’s what I don’t get. Why is it necessary to sue these groups? Stanford’s name is toxic. I would think Democrats and Republicans alike would run from any association with him and return funds—quietly, under the radar, without spending taxpayer money through a back-and-forth lawsuit.
