If you’re wondering how big time investors are handling their money in today’s ugly economy,
here’s an glimpse at what some Wall Street types are doing.
WSJ: How Wall Street Invests Its Money in Hard Times
If you’re tempted by scraping together everything you have to invest in gold, here’s something to consider.
New York Times: The Hidden Dangers in Safe Havens
ProPublica has added to its treasure of information on what led to the financial crisis.
The public interest website has created a new interactive feature that shows who was in bed with whom as “the market became rife with self-dealing.”
The financial industry has officially hit bottom. I found convincing
proof last weekend at my neighborhood cineplex.
When an industry is the butt of big screen jokes by Will Farrell and an egg-shaped evil cartoon banker, it’s clear you can go no lower.
With financial regulation reform the next big thing coming out of Washington, I thought it would be fun to watch that oldie, but goodie — “Wall Street.” Great movie.
Michael Douglas as Wall Street raider Gordon Gekko delivered one of the classic lines of cinema history –“Greed, for the lack of a better word, is good. Greed is right. Greed works.”
Gekko’s doublespeak carried the day in that scene, but by the end of the movie good triumphed over evil.
Will the same be said when the current battle over financial reform ends?