Fraud—Spoils of Democrats and Republicans

Groups Sued Over Funds From Stanford According to The Wall Street Journal, the receiver for R. Allen Stanford’s Ponzi scheme is suing Democratic and Republican political groups for return of funds. The proverbial clawbacks: A spokesman for the Democratic...

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...

CIOs Wanted for Managing Director Positions

(By a Leading Hedge Fund in Greenwich, CT) Times are tough. So to help out, I’m running the following job description submitted by a headhunter from Manhattan. This is an unpaid advertisement, which I’m featuring as a service to my readers. Job Ref. MN...

The Talented Mr. Spitzer

“Eliot Spitzer Avoids Talk of Hookers in Harvard Ethics Speech” There he was again, Eliot Spitzer—fierce and steely-eyed, unflappable, his double-barreled chin cocked and loaded. The ex-governor lectured at Harvard last week. He discussed ethics, and the...

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,...