New Import: “Too Big To Fail”

“Deckchairs. Titanic” UBS is reorganizing its troubled US wealth management operations—turning three division into two. Zzzzzzz. I know this story packs enough punch to put Sominex out of business. But stay with me, because the UBS problems extend to the...

Would You Spend 40 Months in Prison for $550 Million?

U.S. Is Said to Consider Easing Informant’s Term Bradley C. Birkendfeld is scheduled to start a 40-month prison sentence on Friday, January 6. He’s the banker who exposed UBS’ illegal activities and is now claiming a 30 percent whistleblower’s...

The Double Standard for Wealth Advisers

aka Runaway Stockbrokers Informant Says He Will Assist Further in Tax Case Against Swiss Bank Bradley Birkenfeld is the wealth adviser who blew the whistle at UBS. He’s the guy who carried a toothpaste tube loaded with diamonds through airport security, hiding...

A Tribute to Sesame Street's Work on Wall Street

AKA Grover on Goldman Grover here. In honor of Sesame Street’s 40th birthday, Norb Vonnegut asked me to blog today as Acrimoney’s special guest. No, I’m not the fuzzy-faced puppet with blue fur and and a pink nose. I’m the hero of Top Producer,...

A Tribute to Sesame Street’s Work on Wall Street

AKA Grover on Goldman Grover here. In honor of Sesame Street’s 40th birthday, Norb Vonnegut asked me to blog today as Acrimoney’s special guest. No, I’m not the fuzzy-faced puppet with blue fur and and a pink nose. I’m the hero of Top Producer,...