Guest Contributor: Holly Miller, Partner & Founder, Stone House Consulting In a few days’ time, Americans around the globe will gather together with family and friends to celebrate Thanksgiving. It is traditionally an occasion to reflect on the factors that contributed to our success, to speak of the people who helped us and to share
Compliance
Insider Trading – A New Trend?
“Illegal insider trading is rampant and may even be on the rise,” said U.S. Attorney Preet Bharara in his recent interview with the New York Times. Throughout this past week the news has been scattered with reports claiming that a large insider trading investigation is reaching a close and that Wall Street should expect arrests
Financial Crime
Too Big To Fail is Back…
Earlier this week as I walked down Wall Street on my way to one of our securities industry training courses, I spotted a movie being filmed. While this is a normal occurrence in New York City, I’m always curious as to what’s being filmed, so I decided to take a quick detour to get a
Derivatives
Jon Stewart – “The Most Powerful Economic Force in the U.S.”
Well, its official… according to the Wall Street Journal, Jon Stewart is “the Most Powerful Economic Force in the U.S.” So powerful in fact, that Treasury Secretary Tim Geithner went to Stewart for a private, off-the-record meeting back in April. A Treasury spokesman said “Jon Stewart is influential in America, so we took the opportunity
Back-Office
The Fed: Helping or Hurting?
The Federal Reserve recently began implementing their plan to help boost the U.S. economy – their $600 billion plan. The result: the S&P 500 immediately tumbled, reaching its greatest loss in three months. I’m not outright saying that there is a direct correlation; however, it is something to think about. The Fed announced their stimulus
Back-Office
Derivatives – Devil or Angel?
Guest Contributor: Phil Sindel, Executive Director, Olmstead Associates, Inc. Say the word derivatives to some people and watch them begin to sweat, shake and think about widows and orphans being thrown out on the street. Derivatives appear to have pretty bad public relations! They have been blamed for everything from the current financial crisis to
Corporate Actions
Individual Investors are Making a Comeback
Standard & Poor’s index is up 17 percent since late August, and other statistics are also showing that the market is improving slowly but surely. These improvements may be causing a bullish atAAIItitude and drawing individual investors back into the market. Last week, in a survey conducted by the American Association of Individual Investors to
Derivatives
Election Outcome Undecided… For Financial Regulation That Is
This week, as we all know, was election week, and the results, while perhaps not shocking, are sure to send a surge of changes down Wall Street yet again, but how big are these changes really going to be? While the Republicans now control the House, the control of the Senate still lies with the
Wall Street
When is Enough, Enough?
1.5 trillion dollars – that is the amount that the Federal Reserve has spent to date in order to spark recovery into our economy and apparently they aren’t done yet. It was reported that the Federal Reserve is likely to announce a new plan that will resume large-scale asset purchasing once again in order to
Fun Friday
The History of the Wall Street Bull
I pass the Charging Bull, also known as the Wall Street Bull, every morning on my way to work and get to say goodnight to it on my way home. If I wanted to go visit it to say a quick hello during the day I could because it’s right outside our office. It is
