I’ll be at the Ira Sohn conference today, here’s how the picks from last year panned out…
$BAC
Guess Who's Hiring Again…
Brokerage firms and financial advisory firms are back and ready to hire employees according to a recent Fidelity Investments survey.
Quick Comment on the Barron's Big Money Poll
The big money managers are bullish in this weekend’s Barron’s.
Where Have All the Brokers Gone?
I have a piece up at Wall Street Journal today about the “dangerous stockbroker shortage” that is currently threatening America.
Land of a Thousand Spin-Offs
More support for the Volcker Rule will lead to spin-offs galore in the financial services industry. Guess who benefits.
If You See This Man, DO NOT Give Him a $780,000 Loan
Merrill hands out $780,000 to a fraudster stockbroker. Hooray for due diligence.
O-Regional Gangsters
Regional Banks are movin’ and groovin’ lately, here are some possible reasons why…
The Volcker Rule is Born
The Volcker Rule announced, prohibiting risky business by banks and bank holding companies.
TRB vs Carney on the Big Bank Tax
Since neither the construction nor the operation of TARP or its sister programs was constitutional to begin with, it is an absurdity to argue that the addition to this program of a new recompensatory feature violates the constitution. This would be like arguing about what color a unicorn’s tail is supposed to be.
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Stuff I’m Reading this Morning…