Analysts Are Now Honestly Wrong. That’s a Huge...
Sometimes the gains from a new regulatory regime are obvious. The creation of the Federal Deposit Insurance Corp. is a perfect example....
In AIG Case, Panic Gets a Slap on the Wrist
After seven years, the federal government has finally received its comeuppance. U.S. Judge Thomas C. Wheeler gave the Federal Reserve a...
Judge Wheeler: Fed Overreached with AIG, but No Damages
This is an amazing decision; you should read the entire thing! “The main issues in the case are: (1) whether the Federal Reserve...
John Oliver: FIFA II
After the arrests of numerous top officials, John Oliver decided to give an update on the state of FIFA. Source: HBO
The Delusional Dick Fuld
Richard Fuld, the former chief executive officer of Lehman Brothers, is the Shaggy of finance. On the cause of the financial crisis and...
Institutional Recidivism
Dissenting Statement Regarding Certain Waivers Granted by the Commission for Certain Entities Pleading Guilty to Criminal Charges...
Insitutional Corruption is America’s Main Problem
The Cop Is On the Take Government corruption has become rampant: Senior SEC employees spent up to 8 hours a day surfing porn sites...
Spoofing & the Flash Crash
Earlier this week a trader was arrested in London and accused of “spoofing.” What’s spoofing and what does it have to...
Another High Profile Goldman Sachs Litigation SNAFU
Time to dust off the old juris doctor sheepskin, and wonder aloud about the legal advice that Goldman Sachs has gotten over the past...