Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”
Daily Archives: September 26, 2014
More honest comments about investment banking. Bloomberg Contributing Editor Bill Cohan discusses risk taking and incentives on Wall Street. Here is a direct video link.
Further to the glaring capture of the Fed and regulators by the large investment banks, yesterday I read a very important paper by professor Luigi Zingales documenting similar capture among finance and economic academics. The paper is long and detailed, … Continue reading
This should be our generation’s Pecora commission-like epiphany bringing the outrageous policies and procedures of the Fed and the large banks into the broad light of public view. It is long past time to admit truth and break up the … Continue reading