Category Archives: Main Page

Warren calls for hearing on whistleblower tapes re Fed and Goldman Sachs

Posted on September 29, 2014 by Danielle Park

“Sens. Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio) are both calling for Congress to investigate the New York Federal Reserve Bank after recently released secret recordings show the central bank allegedly going light on firms it was supposed to regulate. … Continue reading →

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Stock market headed for Minsky moment

Posted on September 29, 2014 by Danielle Park

“We’re still not wise enough to realize that our current model is a ‘Ponzi’ scheme rushing toward its inevitable ‘Minsky moment’,” Steen Jakobsen, a chief economist at Danish investment bank Saxo Bank, said in a research note on Friday. Here … Continue reading →

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Cohan: “Fed exists for the benefit of Wall Street”

Posted on September 26, 2014 by Danielle Park

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.

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