Wall Street doesn’t know what business it is in. Regulators don’t know what the business of Wall Street is. Investor/shareholders don’t know what business Wall Street is in. The only people who know what business Wall Street is in are the high frequency and automated traders. They know what business Wall Street is in better…
Monthly Archives: September 2012
The Cure to our Economic Problems
I originally wrote this almost 4 years ago. It’s amazing how it still fits. Oct 23rd 2008 7:16PM I would hate to be the winning Presidential candidate. Both candidates are delusional in thinking their economic policies will drag us out of a recession or even improve the economy. The reality is that the solutions offered by…
Are Better Off Today Than We Were 4 Years Ago …Part 1
Everyone is going to answer that question differently based on their own personal situation. But what I can tell you as a business person trying to look at the big picture, I don’t remember 4 years ago as being a good time for business. As a starting point of reference, here is a reminder of…
Facebook Handled their IPO Exactly Right
Andrews Ross Sorkin wrote a piece for the NY Times that was just ridiculous. He put the blame squarely on the back of the CFO of FB. Talk about getting it 180 degrees wrong. Have you ever been to an auction where the selling party told a buyer to reduce their price because they were…

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