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Commentary & Opinion

October 29, 2012 The Perils of Feeding a Bloated Industry

Source: Gretchen Morgenson, NY Times

THEY say the wheels of justice grind slowly, but should it really have taken more than five years for the Justice Department to discover that Countrywide Financial, the mortgage mania’s top creator of risky loans, dumped a load...

October 23, 2012 Poppy Thumbs His Nose at Finra. Again.

Source: Floyd Norris, NY Times

David Lerner, a k a “Poppy” in his ubiquitous radio commercials in the New York area, has been suspended from any association with David Lerner Associates, the firm he founded, or any other brokerage firm, regulators announced on...

September 5, 2012 Bain Probe In New York Too Well Timed To Be Legitimate

Source: Investor Business Daily

Ethics: The Obama-connected New York state attorney general has Mitt Romney's Bain Capital in his viewfinder. His liberal activist background — and the timing — makes it obvious his probe is politically motivated.

August 24, 2012 I Don’t Want to Eat Your Lunch…

Source: Larry Checco, featured commentator

If you held any doubts as to which direction the Republican presidential ticket would take this country if it were to be elected this fall, with the selection of Paul Ryan as vice presidential candidate, doubt no longer. [more]

August 23, 2012 Regulator Fines Bank for Analysts’ Violations

Source: Floyd Norris, NY Times

Rodman & Renshaw, an investment bank that sponsored numerous Chinese companies in the United States market, was fined $315,000 on Wednesday by Finra, the financial markets’ private regulator, for repeated violations of rules...

August 23, 2012 Marikana - a bitter pill

Source: iAfrica.com

You need a strong constitution to stomach the news diet in South Africa. It’s certainly not for the faint-hearted and it’s something I always try to convey to the “journalists in training” when I do guest lectures at various...

August 22, 2012 Revisiting the Chick-fil-A and Chapstick Incidents: The Ethics of Transparency and Authenticity in Social Media

Source: ComproBiz

After eight members of the Chicago White Sox baseball team were found guilty of throwing the 1919 World Series, Judge Kenesaw Mountain Landis banned them from professional baseball for life. Landis went further and exacted the...

August 7, 2012 Knight Capital: The Ideal Way To Screw Up On Wall Street

Source: Forbes

Call it the best disaster and recovery Wall Street has seen in a long time. In less than a week, Knight Capital screwed up royally to the point of near failure and then managed to save itself with the help of outside investors....

August 6, 2012 Taxing Matters!

Source: Larry Checco

Billionaire hotelier Leona Helmsley is alleged to have said: “Only little people pay taxes.” Although the tabloids' "Queen of Mean" went to her grave denying she ever spoke those words, she should have taken credit. It turns out...[more]

July 30, 2012 Changed by Wall Street, for Wall Street

Source: Gretchen Morgenson, NY Times

Last week, two senior Washington officials — Timothy F. Geithner, the Treasury secretary, and Gary Gensler, the head of the Commodity Futures Trading Commission — testified before Congress about the scandal surrounding Libor, the...

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