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2 Jun 2010, 8:52 am by Page Perry LLC
Whalen (quoted above), the Eastern Financial insolvency illustrates why regulators should make Wall Street adhere to concepts of suitability for institutions as well as individuals. [read post]
1 Jun 2010, 3:20 pm by Page Perry LLC
Two recent Wall Street Journal articles may cause investors to reconsider their assumptions about the supposed benefits of exchange traded funds: “Flash Crash May Prove Blemish for ETFs,” by Ian Salisbury (May 13, 2010), and “Danger: Falling ETFs,” by Eleanor Laise (May 29, 2010). [read post]
1 Jun 2010, 1:59 pm by LindaMBeale
  Funny, though, the Wall Street Journal seldom runs an editorial or Op-Ed noting that entitlements are problematic and therefore ending these types of entitlements is a good thing. [read post]
30 May 2010, 9:30 am by Page Perry LLC
It bought the securities from Wall Street firms, including Merrill Lynch (now owned by Bank of America), FTN Financial, a unit of First Horizon National Corp., and boutique financial-services firm Keefe, Bruyette & Woods Inc. [read post]
28 May 2010, 9:20 pm
Related Web Resources: Citi Sanctioned $1.5M By Finra In Supervisory Lapse, The Wall Street Journal, May 26, 2010 Stealing from the dead, CNN Money, August 13, 2007 [read post]
28 May 2010, 8:40 am by admin
The Department of Justice’s and Securities and Exchange Commission’s recent expansion of civil and criminal inquiries into a number of major Wall Street institutions portends more widespread investigations and prosecutions of corporations for possible misconduct associated with, but not limited to, the recent financial crisis. [read post]
28 May 2010, 5:00 am by Doug Cornelius
SEC Commish: Agency Needs to Get Tough on Miscreants Kara Scannel’s coverage from the Wall Street Journal’s Law Blog If Securities and Exchange Commissioner Luis Aguilar has his way, corporate miscreants will face stronger sanctions. [read post]
26 May 2010, 4:15 pm by Nathan
We’re going to have mob agents looking at Wall Street with the wrong filter. [read post]
26 May 2010, 7:02 am by Steve Bainbridge
The article concludes that state regulation of proxy contests should withstand constitutional challenge.You can download the article by clicking the title link above.The analysis would need to updated to account for the new federal financial services reform legislation because that legislation includes many provisions that impact the corporate governance of Main Street firms as well as Wall Streeters. [read post]
26 May 2010, 4:44 am by Broc Romanek
Consider the magnitude of this development: - These three companies are not Wall Street banks where the general public is angry over banker bonuses [read post]
25 May 2010, 12:03 pm
To remain so, we must protect a woman’s right to choose, achieve marriage equality, enact tough anti-discrimination laws, truly regulate Wall Street, attract the best and the brightest to government, leave our children a cleaner and greener world, and continue to oppose the death penalty [read post]
25 May 2010, 3:00 am by LindaMBeale
  A good example is John Rutledge, a "senior research professor at the Claremont Graudate University and chief investment strategist at Safanad, an investment firm in Geneva," who worte an op-ed in the Wall Street Journal today on the issue. [read post]
24 May 2010, 11:01 pm
But by the fall of 2008, the financial crisis on Wall Street had roiled credit markets even further and Hurricane Ike caused considerable damage to several Landry's properties. [read post]
24 May 2010, 12:47 pm by Celeste Blackburn
The following is a list of the bestselling hardcover business books as ranked by the Wall Street Journal with data from Nielsen BookScan on May 24. 1.The Big Short: Inside the Doomsday Machine by Michael Lewis. [read post]
24 May 2010, 6:22 am by Doug Cornelius
Wall Street and Main Street are in a struggle over regulation, with Wall Street making the loudest statements and are better connected. [read post]
23 May 2010, 6:25 pm by Steve Bainbridge
Dealbook reports that: Fresh off a Senate vote to overhaul financial regulations, the Obama administration on Friday immediately began trying to influence the process for combining the Senate and House bills, pressing for tough provisions in the face of a final onslaught of Wall Street lobbying .... [read post]
We expect that next month Congress will begin reconciling the Senate Bill with the Wall Street Reform and Consumer Protection Act of 2009, which passed the House on December 11, 2009. [read post]
21 May 2010, 1:13 pm by Steve Bainbridge
(I discuss the multitude of problems with these proposals at length in a series of posts grouped in the Wall Street Reform archive.)According to a comparison chart in today's WSJ, the equivalent House bill lacks the corporate governance provisions. [read post]
21 May 2010, 12:31 pm
The banks then "securitize" them by bundling them into even larger packages that Wall Street thieves (sorry, I meant to say Wall Street investment houses and banks) buy up.Well, the dealers didn't want their predatory financing practices to be subject to any oversight. [read post]
21 May 2010, 7:56 am by Theo Francis
The House passed its own Wall Street reform bill in December, of course, and now the two chambers must reconcile the language — inevitably a horse-trade in which some measures are stripped out, others modified and, on occasion, wholly new provisions inserted. [read post]