Listen up you white-collar Ferragamo loafer wearing bottle service only “where’s my driver” Wall Street insiders, be afraid, be very very afraid.
Hey, even though I made gobs of money and won an Oscar being a slimy Wall Street prick, don’t be like me.
What the??
Worst.Ad.Ever.
I would’ve preferred a picture of Raj Rajaratnam in jail without access to cheeseburgers. Or maybe a box of Christmas chocolates with 54,750 pieces of chocolate to open each day, to count down the number of days until Bernie Madoff gets out of jail.
Gordon Gekko tells Wall Street greed is not good (FT)
I have just found your blog – what a great story you have. I love it how you said sometimes you make more money in the long run if you just go for it! Your career path is inspirational to me – I have always wanted to get into your line of work!
Thanks Scot.
Pros and cons to my line of work, to discuss another day
Wow, tough post here… Douglas likely doing this pro bono so good for him i say altho yea i hear you they could have maybe come up w/ something a little scarier but im guessing this is really aimed at the people who might know something as opposed to the actual perps.
Along w/ the other closet mattress stuffers on here – i know you’re out there – I am regularly pilloried by the author of this blog for keeping a lot of my assets in cash. Part laziness, part fear i guess. But seeing the sausage made on wall street does not inspire confidence… With guys like guys like Raj Rajaratnam running around out there you cant help but get the feeling that the deck is stacked against the average joe – which cant be good. And for every guy u read about in the paper there have to be a bunch more, there are everyday examples out there.
Here’s one: I own a stock which had a decent sized move up (10% or so) one day last week relatively early in the day. No news whatsoever. Daily volume was a multiple of historical averages. After the close the company announced it was paying a very large special dividend. Next day the stock went up another ~10%. Now, how in the hell did this happen? Somebody w/ news of the company’s plans clearly talked and as a result some investors made a boatload. This kind of inside baseball cant help inspire people’s faith in the capital markets… and ultimately leads to kids camping out in zucotti park or tea party rhetoric about bailouts for wall street. Either way, whatever your politics, not good.
Ok – this is turning into a little bit of black panther power the people kind of rant, but u get the point…
More interesting maybe is that MD looks kinda like steve jobs did a year or two ago…
“pilloried by the author of this blog for keeping a lot of my assets in cash”…..
…..Just one time! You had about six cocktails in you so I’m shocked you remembered.
PS I have been stuffing my mattress, lately.