Category: Investing

Emily Litella: Act III

By , January 8, 2013 6:31 pm

Finding Little Evidence Of Foreclosure Fraud, Feds Give Up, reads the headline from an article in Forbes. And writer, Daniel Fisher asks,

Has there been a single case in the past five years of a homeowner who was current on his mortgage being foreclosed through fraud?

Emily Litella was available for comment.

Maybe If Greg Smith Had Read GS Elevator Gossip

By , March 14, 2012 8:47 am

People who are shocked by this:

TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Goldman Sachs is one of the world’s largest and most important investment banks and it is too integral to global finance to continue to act this way. The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for.

Should have been following the GS Elevator Gossip twitter feed:

The European Debt Crisis — My Take

By , February 15, 2012 11:28 pm

I’ve been blogging for Here’s my most recent piece, quoting, among others, my son David Taggart of Enjoy.

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