Taxing Banks for the Bailout On Wednesday night I spoke at the Rotary Club in Boston. We discussed my novel, Top Producer, but concentrated on Wall Street and the topic of bonuses. It seems everybody wants the finance industry to justify its compensation. Bank CEOs have taken their case to the public. But they haven’t [...]
Tag archive for ‘wealth’
I, Bonus
CIOs Wanted for Managing Director Positions
(By a Leading Hedge Fund in Greenwich, CT) Times are tough. So to help out, I’m running the following job description submitted by a headhunter from Manhattan. This is an unpaid advertisement, which I’m featuring as a service to my readers. Job Ref. MN 4623 Our client is a leading US hedge fund with a [...]
Would You Spend 40 Months in Prison for $550 Million?
U.S. Is Said to Consider Easing Informant’s Term Bradley C. Birkendfeld is scheduled to start a 40-month prison sentence on Friday, January 6. He’s the banker who exposed UBS’ illegal activities and is now claiming a 30 percent whistleblower’s reward. In case you missed the story, here’s what 60 Minutes reported. Watch CBS News Videos [...]
What the Hell is “God’s Work,” Mr. Spitzer?
New York’s Resolutions This morning, The New York Times reported New Year’s resolutions from a few prominent New Yorkers. Here’s what Eliot Spitzer had to say: I would love to see investment bankers actually do God’s work. Do we have any idea what qualifies as “God’s work?” Especially on Wall Street where everybody tries to destroy [...]
What Slang Should We Ban During 2010?
Too Big to Lend?
http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html

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