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Tag: Morgan Stanley

Facebook IPO: Why It Went Wrong and Why It Matters

Wed May 23, 2012 by on Florida Law News

I foolishly hoped the Facebook IPO might actually bring some confidence back to Wall Street. What was I thinking? Turns out it’s just another example of how the soulless Wall Street culture is destroying American style capitalism. We have barely gotten past JP Morgan Chase’s $3 billion catastrophe, and the outrage over their foolish decisions, but here we are again. […]

“Welfare for the Rich” – Matt Taibbi Exposes Disgusting Practices at the Federal Reserve

The question of the decade: Why isn’t Wall Street in jail? In a typical jaw-dropping article for Rolling Stone Magazine The Real Housewives of Wall Street, Matt Taibbi reveals the shocking practices of the Federal Reserve during the Great Recession. With the nation staggering, the Federal Reserve took it upon itself to lend trillions of dollars at nearly zero percent […]