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April 2012
Job Opportunity: Advisor Wanted in NYC
A good friend of mine is looking for an energetic, smart person with a wealth management background/orientation…
Guest Post: Forced Retirement for Stockbrokers
The reason so few are hired after being terminated is because of the Sweep Report issued in about 1997 that was closely followed by Notice to Members 97-19.
Earnings Thoughts
1. Bank of America and Morgan Stanley earnings are “good”. There are some strange things going on with the DVA calculations and how they contribute/detract from the quarter, but this has been going on for months now and people on TV are talking about it so it is officially rendered a non-factor. 2. Morgan Stanley…
Hot Links: Junk Science
Your morning financial links, expertly curated.
Tonight: Bloomberg Rewind at 8PM
Media appearance
The Dead Celebrity Hologram Stock
Did you see that thing at the Coachella Music Festival this weekend where they “brought Tupac back to life” as a hologram to perform alongside Dre and Snoop? It was pretty sick. Now everyone is pondering the possibilities of returning the likes of Kurt Cobain, Bob Marley, Elvis and others back to the stage using…
QOTD: "The Worst is Yet to Come"
Deutsche Bank strategists Nick Burns and Jim Reid are out with a very sobering note
Russian Hackers Take Over Brokerage Accounts
“They then caused the victims’ accounts to make unprofitable and illogical securities trades”
Man With Jetpack Soars Above the Alps
Video.