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    Wall Street Soon To Be Choked With Legal Largesse

    The financial losses that have been bestowed upon the US Public by the major brokerage firms and banks will render a major disadvantage to US Capitalism ....whereby legitimate legal claims in the trillions of $US....to be fought in courts worldwide for the next decade regarding pension funds in...
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    PDT Rule & Prop Firms

    At the end of the day....there will be other innovative legal structures which will allow for basically the same setup as before.... I will venture to say there will be more legal options for non licensed traders rather than fewer.... School is out....watch what happens...
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    Why the SEC Wants To Close The Leveraged LLC Business

    Excellent Commentary .............................................................................. Obviously there are bad apples in every barrel.... Every barrel.... This is not a SubLLC LLC issue.... A SubLLC can either be a good, well run business, just as can an LLC....just...
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    PDT Rule & Prop Firms

    In January of 2008.....the major brokerage firms paid themselves over $49 Billion in bonuses. These valuations were largely dependent on 3rd tier level securities. Several weeks later.....these securities are worthless. The SEC should close down all the major brokerages. Furthermore...
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    The SEC Should Shut Down All The Major Brokerages

    In January of 2008, the large brokerage firms paid out over $49 BILLION in bonuses which were largely dependent on third tier asset valuations. Just several weeks later..... THESE ASSETS HAVE NO VALUE !!!!!!!!!!!!!!!!!!!!!!
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    PDT Rule & Prop Firms

    Series 7 has nothing to do with the ability to trade...nothing.... If a firm establishes itself to risk its capital, it makes a decision on whom it wants to associate itself with. Risk has to do with the ability to trade and the evidence thereof.... SERIES 7 HAS NOTHING TO DO WITH THE...
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    Why the SEC Wants To Close The Leveraged LLC Business

    Excellent Commentary ......................................................................................... Absolutely.... most firms in retail want $5 to $10 or more per order, knowing full well that the average order is around 400 shares. IB led efficiency in the retail side by...
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    Why the SEC Wants To Close The Leveraged LLC Business

    In 1977 when broker income became strictly commissioned based, the downfall of the brokerage business began to fall. Before 1977 brokers were respected. One needed to be over 30 years old, and was trained over two years and was salaried. When brokers were salaried, ethics were higher in...
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    USA....Lawyers Smorgasboard

    Probably the best growth industry in the US is to be a lawyer which will be chasing TRILLIONS in very valid lawsuits. Unfortunately....this is the new growth industry in the US....
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    Wall Street Owns The SEC and Legal Largesse

    Wall Street by default as a whole is capitalism. Capitalism is the USA. Thus if capitalism is the USA, then how can Wall Street not be too big to fail ? Of course the Fed is going to do what the Strong Hands on Wall Street want to do.... JPM is capitalism at its finest hour. JPM got...
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    Bogus Bonuses .....

    Bonuses paid for 2007.....rather bogus....
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    Will LEH follow BSC? (Reuters article)

    There seems to be a good case for BOGUS BONUSES.... Which seem to have found their way into Manhattan real estate....etc....etc...wink...wink....
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    Over 75 years ago Wall Street Crashed; but today the New Crash is already underway...

    Excellent Commentary ............................................................................... Modern credit is what frees value.... thus leveraging a value to do other things..... If one wanted truer stability in the individualized credit which frees up and leverages...
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    PDT Rule & Prop Firms

    Hedge funds are the biggest sums of money on Wall Street and are not under all auspices of regulation.... Nor will all auspices of both LLCs and SubLLCs be regulated.... Legal innovation will rule the day.... Watch what happens....
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    PDT Rule & Prop Firms

    Excellent Commentary All ....................................................................................... Innovation has only just begun..... Only months from now....there will be more opportunities and not less.... This goes for all account sizes and objectives..... Watch...
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    US Derivative Financial Effects

    The US Financial System.....Derivative Financial Effects Adam Smith's hand ....a simple example Suppose there is a 100 condominium complex.... Three years ago ....one sold for $100,000 Two years ago.... one sold for $200,000 Today.... one sold for $50,000 Thus...
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    My way of fighting the fed, I cannot sit still anymore

    Joab wrote........Excellent Post Your all pointing the finger at the WRONG person. Bush got you into this mess financially with the deficit and his war spending that only lined the pockets of his daddies rich oil buddies pockets. All you have to show for it was a rat in a hole. Now...
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    Can FDIC handle simulataneous bank failures?

    Now you see why money should be replaced with electronic credits.... :p
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    Today's CPI number (March 14 2008)

    The way that these numbers are reported = FRAUD.... Big time joke.... What one needs is a true number....which is obviously not provided.... This ranks right up there with AAA S&P ratings....
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    Is Proprietary trading dead as we know it?

    Innovation never stops.... For one to say that there will never be way for one to put up $5k and trade $50k....ever again is highly unlikely.... The question remains as to the legal name or where it is.... Commodities are nothing more than the right to trade leveraged contracts...
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