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Posts Tagged ‘David vs Goliath’

David vs Goliath: The Case for Community Banks

Posted by Larry Doyle on January 29th, 2013 9:19 AM |

While the mega-banks on Wall Street flex their oligopolistic muscles (price controls, imperfect information, not sharing data), I want to take this opportunity to throw some support to the Davids of the banking world.

Who are these Davids? The community banks. Do you feel like you get a lot of personal touch and proper attention from Goliath? Really? How about from David?

Let’s navigate and review a compellingly detailed analysis recently released by the Dallas Fed.¬† (more…)

Kevin Dillon vs JP Morgan: David vs Goliath

Posted by Larry Doyle on August 25th, 2010 1:54 PM |

If image is everything, then how is it that perhaps the most revered global banking institution in the world today allows itself to get enmeshed in an ugly legal complaint with a junior level professional.

I am referring to a complaint brought by Kevin Dillon against JP Morgan. I first addressed this situation on July 8th when I encouraged Mr. Dillon to meet Peter Sivere, a former JP Morgan employee who was unceremoniously, and in my opinion undeservedly, relieved of his responsibilities. I wrote Kevin Dillon Meet Peter Sivere, (more…)

ARS Investors Targeting Andrew Cuomo

Posted by Larry Doyle on May 13th, 2010 7:30 AM |

I know fraud when I see it. I also know a miscarriage of justice when I see it. The manner in which auction-rate securities were distributed was a fraud. The manner in which this fraud has been largely adjudicated has been a massive miscarriage of justice. No miscarriage has been greater than that laid at the feet of those auction-rate securities investors who purchased ARS from Oppenheimer and Company.

In true American patriotic spirit, these ARS investors are not taking this injustice sitting down. I have never owned an auction-rate security, but I welcome joining their fight and highlighting their cause. On that note, Andrew Cuomo should watch out. A group of Oppeneheimer ARS investors just released the following statement: (more…)

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