Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘corruption on Wall Street’

From the Archives: Shedding Light on Dark Pools

Posted by Larry Doyle on June 27th, 2014 12:42 PM |

In light of the recent legal action brought by NY AG Eric Schneiderman against Barclays, I thought it might be beneficial to rerun a commentary that I posted here on October 20, 2009.

Ponder that date for a minute. The issues exposed in the suit brought against Barclays are not new developments. 

Think of the theft and corruption that has transpired within these dark pools and elsewhere in the last 5 years, if not much longer than that, given that our financial regulators are ‘in bed with Wall Street.’  Some of my assertions expressed in this post have been shown to be more wishful thinking than reality.  

Kudos to Joe Saluzzi once again. While a number of people in the markets have been pushing for increased oversight of high frequency trading, in my opinion, nobody deserves more credit than Joe Saluzzi of Themis Trading. (more…)

Taking Stock on Bloomberg: Expose the Corruption

Posted by Larry Doyle on March 26th, 2014 6:54 AM |

I thank Bill Cohan, Carol Massar, and those at Bloomberg for having me on the show Taking Stock yesterday afternoon to address my take on the recent guilty verdict handed down in the Madoff employees case, corruption within the financial-political-regulatory system, and recent developments within the executive offices at JP Morgan.

Those who have read my book In Bed with Wall Street: The Conspiracy Crippling Our Global Economy will understand exactly what I mean when I say in this 5-minute interview that we need to “expose the corruption.”

For those who have not yet read the book — I hope you will — but would like to know more specifically what I am referring to when I make the statement that we need to “expose the corruption,” I am speaking of the following all of which is voluminously detailed in the book: (more…)

‘Look Inside’ My Upcoming Book, In Bed with Wall St.

Posted by Larry Doyle on December 4th, 2013 7:21 AM |

IBWWS book jacketIs there any other reason or greater motivation than the virtue of truth for why people ultimately choose to read the material they do? I think not.

Yet all too often the truth is distorted, if not denied, by those who might benefit from seeing that it remains buried. I launched this blog almost 5 years ago in pursuit of the truth and continue to do so today.

On January 7th, I welcome elevating this pursuit of the truth to an entirely new level and a much larger platform. As most who visit here regularly are well aware, on that day my first book, In Bed with Wall Street: The Conspiracy Crippling Our Global Economy, will be published by Palgrave Macmillan.

I am enormously proud of the endorsements the book has received from a number of individuals, including none other than a former assistant Inspector General for Investigations of the U.S. Securities and Exchange Commission, David Weber. Additionally, a recent review offered the following:

His deep digging . . . qualifies as investigative journalism, and the scandalous details he recounts are impressive. The author has clearly done his homework while thinking about a reform effort . . . An important book . . .

I recently learned that the book will be named as one of “Ten Books That Matter” by the Project on Government Oversight for its upcoming 2014 Winter Reading List.

I am understandably pleased by all these developments, but the success of this book will ultimately be determined by you the reader. In an attempt to help you gain a greater understanding and appreciation for my pursuit of the truth and “deep digging,” we can now take a ‘look inside’ the book. In doing so, readers can check out the Table of Contents, a selected number of pages from the first 3 chapters, almost all of the 140 plus referenced resources in the Notes, and the Index as well.

Look Inside: In Bed with Wall Street: The Conspiracy Crippling Our Global Economy

The book is available both in hard copy and on Kindle, and can be ordered via Amazon, Barnes and Noble, and IndieBound so that it will be delivered to you on the 7th of January.

I hope you will not only want to buy my book, but might also share this post with your family, friends, and colleagues so that they will do so as well. You can rest assured that I am not bashful in revealing details of people and situations from Wall Street to Washington lying ‘in bed’ with each other while the American public across the entire spectrum of our populace has paid and continues to pay a very heavy price.

I thank you for your support.

Larry Doyle

Please pre-order a copy of my book, In Bed with Wall Street: The Conspiracy Crippling Our Global Economy, that will be published by Palgrave Macmillan on January 7, 2014.

For those reading this via a syndicated outlet or receiving it via e-mail or another delivery, please visit the blog  to comment on this piece of ‘sense on cents.’

Please subscribe to all my work via e-mail

Morning Joe : How Wall Street Won

Posted by Larry Doyle on September 13th, 2013 9:27 AM |

Lehman Brothers failed on September 15, 2008.

We are now two days away from the 5 year anniversary of that fateful day and the unfolding of a string of events that continue to ripple across our global economy and markets.

As with the anniversaries of most cataclysmic events, we can now expect an ongoing stream of dialogue as to what led to the crisis and how things have played out since then.

The folks at Morning Joe had a brief 7-minute discussion recently with Time magazine editor Radhika Jones on this topic and these questions. They definitely hit upon some of the key issues but they do not use the one key word to define what really happened both pre and post crisis. What is that word? Let’s take a listen first to what they have to say: (more…)

Uncle Sam’s Protecting Economic Data: A Fallacy

Posted by Larry Doyle on August 6th, 2013 9:34 AM |

Hardly a day goes by without another piece of mind numbing news regarding the assault on the integrity of our markets.

With the folks in Washington and their friends in the media having jumped in bed with those who truly run our financial markets, news that may have shocked the public prior to our economic crisis now comes and goes with barely a ripple.

Make no mistake, though, the corrosive waves of corruption that emanate from the incestuous relationship between the financial industry and those charged with protecting the public interest comes with a very heavy cost.  (more…)

“Illegal Insider Trading is Rampant and May Even Be On the Rise”

Posted by Larry Doyle on November 20th, 2010 6:54 AM |

How are regular retail investors supposed to compete?

Why have investors been fleeing our markets in droves?

Well, if the financial earthquake of 2008 did not crush you then perhaps the “Flash Crash” of May 6th left you sufficiently unnerved. Were you able to weather both those upheavals? If so, I congratulate you for your discipline and perspicacity. I would also encourage you not to let your guard down. Why’s that?

The fact is the challenge in navigating our economic landscape is not only addressing the squalls and storms that we can observe on the horizon but also the insidious work of those who would betray the very integrity of our markets. Is this even possible? Let’s navigate. (more…)

Recent Posts