Category: The Wolf of Wall Street

PUBLIC ADVOCACY: The Financial Times: Safe Banks/Economic Growth

January 18, 2014

According to Thomas Hoenig, reporting in the FT 8/20/13, a Vice Chairman of the FDIC, ” recent research found no evidence that higher bank capital leads to lower volumes of loans over the long run.  ” Given the magnitude of the Financial Crisis of 2008;     does anyone really believe that greater capitalization of the … More PUBLIC ADVOCACY: The Financial Times: Safe Banks/Economic Growth

PUBLIC ADVOCACY: The Excesses of the Banking/ Broker Cuture

January 7, 2014

Let’s go to the movies. I Just saw the “WOLF OF WALL STREET” a Scorcese and Leonardo di Caprio tour de force. I felt the same way I had felt years ago, when I saw” Goodfellas”, dirty. The excesses on Wall Street have increased non stop through the decades. With the stakes higher then they … More PUBLIC ADVOCACY: The Excesses of the Banking/ Broker Cuture