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Meat on the Street
Mod Note (Andy): Best of Eddie, this was originally posted in October 2010. To see all of our top content from the past, click here. The worst trading error of my career (if you don't count my second marriage) was in Natural Gas, and it was a doozy. I don't remember the exact circumstances, but I...
Scam Science: Old School Wall Street
mod (Andy) note: "Blast from the past - Best of Eddie" - This one is originally from September 2010 . If there's an old post from Eddie you'd like to see up again shoot me a message. I have a feeling this week-long series is going to be both fun and difficult to write. It's going to be fun because...
Why Your Walkaway Number Is Lower Than You Think
mod (Andy) note: "Blast from the past - Best of Eddie" - This one is originally from May 2010. If there's an old post from Eddie you'd like to see up again shoot me a message. We spend a lot of time on this site discussing how much money it would take to retire now , how much you plan to have when...
Did Wall Street Cost the Dems the Election?
I find it odd, but it seems to me that a great deal of President Obama's biggest critics come from his own side of the aisle. Bill Maher springs to mind right off the bat (full disclosure: I'm a big Bill Maher fan - much to my wife's chagrin), but there are many others like him on the Left who think...
Cioffi Comes to Terms with Obscurity
Disgraced Bear Stearns hedge fund manager Ralph Cioffi has found his happy place. Still only one of two high-profile bankers to face criminal charges since the crash (the other was his partner Matthew Tannin ), he's gone into self-imposed exile since being acquitted of all charges in November 2009....
Paul Craig Roberts Calls for Revolution
"Without a revolution, Americans are history." Paul Craig Roberts, former assistant Secretary of the Treasury and the father of Reaganomics, believes the United States is beyond repair and that only a revolution will save the country. Before you go thinking he's just another GOP fringe player who...
Morality on Wall Street
Is there a place for morality on Wall Street any more? Niall Ferguson doesn't think so , at least since Siegmund Warburg died in 1982. Ferguson believes that regulation won't clean up the Street but that bankers need to be taught morals. For those who don't know, Siegmund Warburg founded investment...
Wall Street Hiring Is Ramping Up
Are the good times returning to the Street? It might be too early to celebrate, but at least hiring is picking up in a big way. Almost 7,000 banking jobs were added in New York alone from February through May, and candidates are now facing multiple offers - something we haven't seen in significant...
NYC"s sanitation problem
Having grown up in a nice part of orange county, I'm used to clean streets and proper sanitation. I'm really shocked at what I have seen thus far in NYC . There's garbage bags on virtually every street corner, the smell is revolting, and even "nice" areas of manhattan are incredibly dirty. When I...
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