Goldman Sachs and the Myth of “The Best and the Brightest”
There is a widespread notion among mental health professionals that most MBAs from Ivy-league level schools are either sociopaths or narcissists. And many of those…
Goldman
Poll: Does High Frequency Trading (HFT) Add Economic Value?
“We are doing God’s work,” said Llyod Blankfeign of Goldman Sachs. In 2008 Goldman saved its existence by converting itself into a regular bank. They…
I Helps to have the Govt on Your Side
Goldman, Toyota and now BP all have problems with consumers. But only one company stock bucked the sentiment. Your government’s handouts help even if your…
Rao Chalasani on Financial Crisis (2 of 2)
I mentioned about Mr. Rao on this blog some time ago when I talked about quants. I caught-up with Rao to make sense out of the Euro crisis. Even though Rao is retired and claims that he is not in touch with what is going on in the markets lately, he is as sharp as ever. This 40 min long interview sheds light on a number of fundamental reasons for current state of world’s financial mess. Those who followed me on my Teluguone Radio show or read my articles on various blogs might find that my views are eerily similar to his views.
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Just Take the Money
By now you probably heard about zero-loss trading days for four major banks. If this is not a rigged market, what is? Jon Stewart explains…
So, You Think You can Beat the Insiders and Make Money in Stocks?
Wells Notice is issued to warn companies of potential criminal investigation. If a company receives Wells Notice, the event itself is deemed a news of…
Squid: “We share some burden”
The head of the Squid says, “We share some burden.”
Is Nightly News Relevant Anymore?
Watch this news and tell me if you have any faith in the traditional news channels. By faith, I mean, if you trust them to…
This Guy Doesn’t Mince Any Words About Goldman
This video is from July 2009. The guy doesn’t mince any words. Goldman and more. Just listen to him. I agree with him all the…
Goldman: Don’t Blame Us
“When it comes to its role in the financial crisis, Goldman Sachs has a message for the world: Not guilty. Not one bit.” Here is…
Market Today: Prop Desk to Prop Desk
What I am reading on the blogs is not at all encouraging to the bulls. Currently, stock market in United States and many European exchanges…
Blog Buzz: Fire Geithner
Tim Geithner, the guy who is in charge of IRS, once defaulted on paying taxes once. That is reason enough not to have him as…
Ratigan on Obama’s Olive Branch
Dylan Ratigan was one of the very few sane reporters on CNBS. He was shown the door for reasons not disclosed. However, he came back…