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Tag: wall street

Unrealistic Returns; From Facebook IPO To Pension Funds

Fri Jun 1, 2012 by on Florida Law News

Follow the smart money. Armchair pundits, present company included, will continue to analyze the long term impact of the initial poor performance of the long anticipated Facebook IPO. You will hear how it has further eroded confidence in Wall Street and American style capitalism, which it has. The Facebook IPO only reaffirms what many smart, wealthy and Main Street investors […]

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. […]