Wealth Advisers, Too Not a bad day all things considered. Business is cooking. Family is well. Sam’s portfolio recommendations make sense. Time for a glass of cabernet. Time to forget all that nonsense about Worst Case Wednesday. The phone rings. Sam:...
There’s an expression in finance, “the axe on the street.” It means the firm, or the person, with the best information about a company or the way a security trades. When it comes to FINRA, the axe on the street is Larry Doyle over at Sense on Cents....
Scams: Pigeon Fever Sixty Minutes ran a terrific story last night on financial scams. Conclusions: Ponzi schemes are alive and thriving Gullability is here to stay. “Affiliation marketing” is the way con artists find you—at church, the country club, you...
Wall St.’s Biggest Bonuses Go to Not-So-Big Names Last Friday the season finale aired to Bonus Watch. Here’s the deal. Jamie Dimon gets $17 million for presiding over JP Morgan’s bungee-jump rebound during 2009. Lloyd Blankfein gets $9 million for doing “God’s work”...
Greek Crisis: EU Leaders Reach Deal Over Debt In a spontaneous display of euphoria, Greek citizens took to the streets minutes after Eurozone nations agreed to bail out their country. Here is groundbreaking footage direct from Athens: Norb Vonnegut
I’m crushed with work, crazy busy. Let’s see: Morning presentation to huge new prospects. More meetings this afternoon. Hope I can sneak off to the gym. Dinner with clients tonight. Back-to-back meetings all day tomorrow. In my book—Friday can’t come soon...
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.