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Peter Weinberg ‘Tells It Like It Is’

Posted by Larry Doyle on September 28, 2010 7:50 AM |

I first introduced readers of Sense on Cents to Peter Weinberg a year ago when I wrote, Wall Street “Skin” Needs to Thicken. Weinberg was not reticent then in highlighting Wall Street’s misaligned incentive compensation system which clearly practiced the “heads I win, tails you lose” model. The other day, the Financial Times ran a clip in which Peter Weinberg once again provides a refreshing and honest perspective on our markets, economy, Wall Street, Washington, and the global economic landscape. This 8-minute video distinguishes Weinberg as an individual not beholden to special interests or talking his ‘book.’ In fact, I would say Weinberg provides a wealth of ‘sense on cents.’ Clicking on the image below will redirect you to the video clip at the Financial Times.

Larry Doyle

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I have no affiliation or business interest with any entity referenced in this commentary. As President of Greenwich Investment Management, an SEC regulated privately held registered investment adviser, I am merely a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.

  • Best

    just a question on his remark re ‘there are enough financing sources out there’ when asked about enough competition in the industry.
    It there is such… then why does a supposed credit crunch still exist?

  • LD

    Good point and great question. I will not apologize for him on that point. As much as he takes on the industry for being flawed in certain regards he does hedge on that topic. I appreciate your highlighting it. Overall, though, I do give him high marks for his commentary.

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