Will the pandemic cause commercial real estate to implode, or will bank fraud do the job first?

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 […]

CLINTON’S SHADOW BANKING TRICK

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 — […]

SUNDAY SMACK: IS HILLARY CONFLICTED?

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 […]