Blog entries tagged with "wall street"
DOES GOLDMAN SACHS DESERVE MAIN STREET’S WRATH?
Since the start of the recent financial crisis questions have loomed large about Goldman Sachs’ role and involvement in the financial collapse. Perhaps the most scathing characterization of “Main Street” sentiment towards the firm was summed up by Rolling Stone editor, Matt Taibbi, when he stated “[t]he world's ...
Continue reading "Does Goldman Sachs Deserve Main Street’s Wrath?"2009 NEXUS SYMPOSIUM REFLECTION
The 2009 Nexus Symposium is now done and behind us. As we reflect upon the discussions of the day, a couple highlights come to mind.
First Professor Pierre-Louis from the St. Thomas University Law School highlighted some very interesting points about economic downturns and the lessons that we have learned ...
Continue reading "2009 Nexus Symposium Reflection"DOW BREAKS 10,000 (AGAIN), WALL STREET PAYS HUGE BONUSES (AGAIN)
Today on the "Today" show, a story aired on the Dow breaking 10,000 for the first time since 2008, and recently-bailed out Wall Street investment houses once again paying massive bonuses to employees. Michael Moore is, of course, offended. How can executives of firms so nearly dead just months ...
Continue reading "Dow Breaks 10,000 (again), Wall Street Pays Huge Bonuses (again)"THE RISE AND FALL OF ARTIFICIAL WEALTH
Below is a Great article by Dr. Michael Intiligator, a presenter for the forthcoming Nexus Symposium.
The article can be found HERE
The projections presented in this paper estimate that the GDP of $14.26T achieved in 2008 will not be achieved again until 2013 on an inflation-adjusted basis and ...
REGULATING EXECUTIVE PAY
Seemingly an eternity ago now that the news is dominated by the Obamacare debate, back in March President Obama and the Democratic Congress set their sights on executive compensation as the quintessential demonstration of Wall Street greed. The House passed a 90% tax on bonuses for Wall Street firms that ...
Continue reading "Regulating Executive Pay "