Companies find ways to reward their best employees. It’s the American way, right? However, decisions about what to offer, how to offer it, and to whom are difficult and fraught with potential missteps. Is it possible to structure insider advantages without hurting another constituency? Why...
Is Wall Street Full of Psychopaths?
Seems likely. But so is the general population. What's different on Wall Street is that financial institutions reward what this article indicates is psychopathic behavior: - Superficial charm? I could have used more when I was a wealth manager in the world's most competitive forum. -...
E-Mail to Corzine Said Transfer Was Not Customer Money
The whole MF Global affair illustrates, once again, the importance of arms-length custodial accounts. In theory, there is a wall between money managers and the third parties charged with fiduciary oversight. In theory, money managers don't have the power to satisfy their own margin...
Financial Reform: Who's the Fox in the Henhouse?
Goldman Sachs: Must-See Outtake from Senate Panel