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Tag: wall street

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. […]

Oppenheim Looks at 2011 and beyond: Foreclosure Crisis, #OccupyWallStreet and Real Estate

With 2011 winding down, foreclosure attorney Roy Oppenheim made a return visit to “The Mind of Money” to share his thoughts on the year that was with host Douglas Lodmell. Just as Oppenheim anticipated, this year we’ve seen how big this foreclosure mess really is. There were numerous investigations, and a self-imposed moratorium on foreclosures during parts of 2011, resulting […]

Beyond Florida Real Estate: Are Bankers the New Mobsters?

Wall Street corruption blurs the lines between good guys and bad guys as this week’s headlines bubble to the top. Unbelievably guilty in the court of public opinion. Now ultimately guilty in a court of law. The conviction of Galleon hedge fund billionaire Raj Rajaratnam on all 14 counts of conspiracy and securities fraud is a prime example of rampant […]

“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 […]