I attended a roundtable discussion a while back, where we discussed worldwide trends. A question about business came up: “What business functions will never go out of style?” My answer: “Debt, equity, and liquidity.” Seems simple and practical, right? You have a business idea or life aspiration, and someone rolls up to enable those goals […]
Read More Will the pandemic cause commercial real estate to implode, or will bank fraud do the job first?
Like any good trick football play, Presidential candidate Hillary Clinton’s misdirection on shadow banking requires a few enablers. First, your susceptibility — or abundant willingness — to have your attention diverted from where the ball actually is. Second, a diversion — or a series of them — to take advantage of your susceptibility. Third — […]
Read More CLINTON’S SHADOW BANKING TRICK
My Sunday Smack deals with the last Presidential primary debate, where candidate Hillary Clinton tried to assure viewers of her ability and willingness to regulate Wall Street: I have a plan that most commentators have said is tougher, more effective and more comprehensive … The topic of financial services regulation remains a hot topic since […]
Read More SUNDAY SMACK: IS HILLARY CONFLICTED?