SHOCKER: Legislators' Investments Generating "Abnormal Returns"
A new study titled "Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives " in the journal Business and Politics finds that "a portfolio that mimics the...
View ArticleWhat Does Business News in the "Axis of Evil" Look Like?
Paging through today's Wall Street Journal you'll come across headlines like: China Denies Google Hack Goldman Gets Civil Subpoena and Gasoline Prices Weigh on Retail Sales.Investor's Business Daily...
View ArticleGoldman's Infamous 'Sh*tty Deal' Turns Out Not To Have Been As Sh*tty As Others
The infamous Abacus transaction that cost Goldman Sachs $550 million might have been designed to fail but it turns out that it actually performed better than its peers according to a new study...
View ArticleToyota, iPhone 4S and BP Among Top Brand Image Gainers of 2011
While Toyota (TM) saw Volkswagen snatch its crown for being the largest automaker in terms of sales worldwide in 2011 there was some good news for the Japanese company as a new ranking of American...
View ArticleFacebook to Bankers: Shut Up About Our IPO Already!
For a company whose entire business model relies on the oversharing tendencies of users Facebook is a remarkably reticent and publicity-shy company and it remains so even with an impending...
View ArticleHow Wall Street Bankers Abuse Their Free Seamless Takeout Dinner Privileges
Investment bankers as we all know often work crazy hours going into the office as early as 7am and staying past midnight sometimes. These Wall Street inhabitants are well compensated for their work...
View ArticleHow Will Greg Smith Affect Wall Street Recruiting?
Last November I wrote about the ongoing backlash -- mainly on Op-Ed pages at that point -- against Wall Street recruiters at several elite feeder schools. Suddenly finance’s position as the industry...
View ArticleGoldman Sachs on Global 'Muppet' Hunt
The reactions to Greg Smith’s now-infamous “Why I Am Leaving Goldman Sachs” op-ed in the New York Times can generally be classified into two categories: Those who think Smith makes a great point and...
View ArticleGoldman Sachs Sells Stake in Sex Trafficking Company
The month of March has seemingly zoomed by us and Goldman Sachs (GS) is probably grateful for that. It has not been a great month news-wise for the storied Wall Street firm. First it took a public...
View ArticleApple Secrets Leaked to Traders in Espionage Case
Industrial espionage never had that James Bond thrill. Instead of ballistic pens and machine gun-toting skiers the cloak and dagger players in the corporate world rely on sales receipts and shipping...
View Article
