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Posts Tagged ‘lack of trust in Washington’

SIFMA to Address Investor Distrust of Wall Street . . . Really?

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

When those paid to promote an organization or industry acknowledge that customers do not trust you, then you know you have a real problem.

On that note, Wall Street and, dare I say, Washington as well have real problems. Let’s navigate and work our way through some smokescreens.

The industry’s own trade organization, SIFMA (Securities Industry and Financial Markets Association), has recently launched an initiative designated as Our Partnership with You:

This is just one part of a series of initiatives that SIFMA will be rolling out to demonstrate our commitment to putting customers first.

Really? So quaint. Watch your wallets, folks. (more…)

Everything’s Political

Posted by Larry Doyle on May 13th, 2013 8:57 AM |

How sad.

In light of the ongoing developments with the stories centering on Benghazi and the abuse of power within the IRS, I feel compelled to offer a brief comment.

Politics is certainly a dirty business.

National security in a world filled with new risks has likely never been more challenging. That said, there comes a point in time where politics need to be set aside and the people’s business needs to be prioritized.

In the course of a brief conversation with a reporter who covers the scene in Washington, he shared with me that a since departed senior White House official shared with him that he was frustrated in his capacity. Why so? (more…)

Why I Do Not Trust Washington

Posted by Larry Doyle on May 25th, 2010 11:47 AM |

People can debate the relative strength of the economy all they want. I firmly believe that from a macro-level, our economy has years to go before it has a real chance to recover. Why years?

1. The banking system overall remains loaded with an excessive amount of delinquent loans. Uncle Sam will continue to siphon money from the American public and deliver it to the banks. In the process, these “earnings” will be utilized to write down the values of loans and securities it holds at inflated levels.

2. Credit will not truly flow until the health of banks, especially the smaller and community based banks, is substantially stronger. (more…)

No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Daryl Montgomery

Posted by Larry Doyle on March 7th, 2010 8:12 AM |

UPDATE: This episode of NQR’s Sense on Cents with Larry Doyle has concluded. You can listen to a recording of the episode in its entirety by clicking the play button on the audio player provided below. Once the audio begins, you can advance or rewind to any portion of the episode by clicking at any point along the play bar.

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Raise your hand if you do not trust Wall Street and Washington.

Raise your other hand if you do not trust the financial media.

Why do I viscerally envision a lot of hands being raised all over America? Because given developments of the last few years, Americans — at an ever increasing rate — are less trusting of Wall Street, Washington, and the media.

What is one to do? Where can one go to embrace honest dialogue focused on real transparency and integrity? You have come to the right place as tonight from 8-9pm ET No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Daryl Montgomery.

Daryl Montgomery is the organizer of the New York Investing Meetup, a group of 2500 independent investors and traders that provides the public with unbiased economic and market information. (more…)






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