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Daily Archives: May 24, 2012
Facebook: learning lessons the hard way (again)
Facebook was the most over-hyped issue I have seen in the past 20 years. That’s saying something, because new issue pump and dumps are the norm. I have literally witnessed dozens of new issues pass by my desk over the … Continue reading
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Bill Black on JP Morgan’s “wild, crazy, insane” risk to taxpayers
The Daily Ticker’s Aaron Task interviews William Black about JP Morgan’s massive trading loss and why CEO Jamie Dimon must be replaced with a manager who is not addicted to exploiting federal subsidies ala taxpayers to gamble on financial derivatives. … Continue reading
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