It took Europe’s economic collapse coupled with the rampant political manipulation of the U.S. monetary system for me to realize that everything I was ever taught about socio-economic theory had been dead wrong. I feel shortchanged by my professors, economic journalists and yes, even, Hollywood who perpetually instill this false notion that money and greed […]
Today’s America – Nothing Ventured, Everything Gained – at Least for Some
Dear Fellow Americans, I am writing this letter not only as an unrelenting advocate for Wall Street reform, but more poignantly as a concerned citizen and a devoted mother of two young children. Like me, my parents before me and my grandparents before them, I want to see my children grow up in a prospering […]
Good Knight Public Markets
With all of the recent financial scandals and trading losses, the last thing Wall Street needed was another humiliation, but those black eyes just keep on coming for public trading markets. Last week, Knight Capital, known for its electronic execution and high-frequency trading algorithms, suffered massive losses when a software glitch sent out a stream […]
How Facebook’s IPO Exemplifies the Injustice in the Financial Markets
I am dismayed by the number of pundits, legislators and organizations, claiming to be “small investor advocates”, who misrepresent the JOBS Act as another piece of legislation favoring the Wall Street establishment. The truth is the JOBS Act invites competition from both smaller financial service firms and investors which will in turn de-monopolize our capital […]
“Coulda, Woulda, Shoulda” – Lessons Learned from Facebook’s IPO
What “coulda” ignited a desperately needed thriving IPO market, Facebook’s IPO is going down in the history books as a cluster of mishaps complete with a series of investigations and lawsuits looming in the distance. In case there was even a shred of doubt left, the Facebook IPO validates just how dysfunctional the public markets […]