Posts Tagged ‘James Gorman’
Posted by Larry Doyle on March 22nd, 2012 5:31 AM |
The penalties handed out by NFL Commissioner Roger Goodell to the coaches and executives of the New Orleans Saints organization for the bounty program practiced down on the bayou were perhaps the stiffest in the history of the game.
Goodell has shown himself to be a no-nonsense individual cut from the mold of Kenesaw Mountain Landis. Goodell is clearly focused on protecting the sport, and knows that any program which promotes an intent to injure renders modern day football to little more than barbarism. (more…)
Tags: Albert Loewenthal, Barack Obama, Ben Bernanke, Brian Moynihan, Chuck Schumer, Darrel Issa, Eric Holder, Greg Williams, James Gorman, Jamie Dimon, Jim Himes, Jon Corzine, Judge Kenesaw Mountain Landis, justice on Wall Street, Lloyd Blankfein, Mary Schapiro, New Orleans Saints, penalties for New Orleans Saints, penalties on Wall Street, Preet Bharara, Richard Blumenthal, Richard Ketchum, Robert Khuzami, Roger Goodell NFL Commissioner, Sean Payton, Spencer Bachus, the integrity of the game, Timothy Geithner
Posted in General | 2 Comments »
Posted by Larry Doyle on June 23rd, 2011 8:32 AM |
You do not need to read Sense on Cents to know that Wall Street and America have problems. That said, the future of both the financial services industry and our nation are inextricably linked.
The innovative ideas which our nation must generate to drive future growth and employment require capital. Wall Street has that capital. In my opinion, Wall Street needs to seriously refine the use of its capital for its own benefit and that of our nation.
Can Wall Street adapt? Does Wall Street understand the errors of its ways? When might some real leaders on Wall Street call out for the industry to clean up its act? These questions can only be properly addressed in the future if there is an acknowledgment and understanding of where and when did Wall Street go wrong in the past. Let’s navigate.
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Tags: black box trading on wall street, Brady Dougan, Brian Moynihan, declining volumes on Wall Street, do you trust your mechanic, failure of wall street leadership, failure of wall street management, failure of wall street regulation, failure to protect investors on wall street, financial services industry, impact of high frequency trading on equity volumes, its not a bug its a feature, James Gorman, Jamie Dimon, John Gapper, JP Morgan CDO settlement with SEC, lack of quality control on wall street, lack of transparency and opacity on wall street, Lloyd Blankfein, need for integrity on wall street, need for transparency on wall street, putting derivatives on exchanges, quants on wall street, regulation of CDS, regulation of derivatives market, Robert Wolf, selling risk on Wall Street, structured transactions on Wall Street, The Price of Wall Street's Black Box, the quants, Tom Montag, wall street developments since mid 1990s, Wall street fraud, wall street mechanics, wall street over the last fifteen years, Wall Street sales, when did wall street go wrong, where and when did wall street go wrong, where did wall street go wrong
Posted in General, Wall Street | 2 Comments »
Posted by Larry Doyle on April 18th, 2011 8:29 AM |
Is the need to repair the health of our financial system SO GREAT, that we should be willing to allow the basic rights of individuals and the laws of our land to be trampled and violated in the process? In my opinion, this very question is central to the rage that burns in so many hearts across our great land.
Bailing out banks may be anathema to those who love and cherish capitalism BUT not pursuing justice and real accountability for the transgressions of those individuals and those institutions central to our crisis is sickening. I believe it is inherently un-American to allow these transgressions to pass without proper prosecution. Which transgressions? (more…)
Tags: accountability on Wall Street, Anderson Cooper interview with Matt Taibbi, Auction Rate Securities, bank bailouts, Brian Moynihan, Chrysler creditors, CNN interview with Eliot Spitzer, did Wall Street violate the racketeering act, Eliot Spitzer interview with Anderson Cooper, James Gorman, Jamie Dimon, justice on Wall Street, Lloyd Blankfein, mortgage foreclosure abuse, mortgage originations, prosecutions on Wall Street, regulatory capture, repairing Wall Street, RICO Act, Rolling Stone's Matt Taibbi, transgressions on Wall Street, violating rights of individuals, Wall Street-Washington incest
Posted in General | 5 Comments »
Posted by Larry Doyle on February 28th, 2011 5:28 AM |

Charles Ferguson
“Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that’s wrong.”
With those words last evening, Charles Ferguson, the winner of the Academy Award for Best Documentary for his film Inside Job, did a lot more than merely begin an acceptance speech. Ferguson touched the third rail and made a political statement. But did he really? Really? Not in my opinion. Ferguson spoke the truth.
When did the mere voicing of the truth become political? Perhaps in America 2011 those who speak the truth actually stand out because we hear so little of the prized virtue. That reality is a sad commentary on our society.
I commend Ferguson. Backstage he had even more to say. (more…)
Tags: Academy Awards February 27 2011, Alan Greenspan, Barack Obama, Ben Bernanke, Brady Dougan, Brian Moynihan, CFTC chair Gary Gensler, Charles ferguson acceptance speech, Christopher Cox, Ferguson statement, financial crisis financial fraud, Financial Meltdown Documentary Wins Oscar, Henry Paulson, Inside Job, James Gorman, Jamie Dimon, Larry Doyle, Lloyd Blankfein, Oscar winner Charles Ferguson, Richard Ketchum, SEC Chair mary Schapiro, Sense on Cents, Timothy Geithner, what is regulatory capture, who is Charles Ferguson, winner Best Documentary
Posted in General | 14 Comments »