Stuff I’m Reading this Morning… Wow! A list of the most disgusting, pathetic people on earth! That’s right…it’s Fashion Meets Finance time once again! (Pocket Change) The article that helped ignite yesterday’s rally. (Bloomberg) The mall retailers attempt Christmas in July. (WSJ) Absurd lawsuit of the week: “The Kindle Ate My Homework”. (TechFlash) Remember dividends? …
Registered Rep
Red Flags in the Sky
“He that voluntarily continues in ignorance, is guilty of all the crimes which ignorance produces” – Samuel Johnson If Bernie Madoff was the Harlem Globetrotters of stock fraud (undefeated for decades), then Ross Mandell and his Sky Capital crew are the Washington Generals. Mandell has been in trouble with regulators and officials on and off…
Advisors Doing Less Than 300k Are Not Cutting It at UBS
According to an article in Registered Rep last week, advisors producing less than 300k a year are no longer welcome at UBS. Merrill Lynch also rolled up the welcome mat on producing brokers and advisors below that threshold back in December. Now that the larger, inefficient firms have decided to no longer nurture smaller producers,…
