Cramer: Stupendous Short Sale Volume Drove Banks Stocks Down [View article]
Manipulation has to stop, and the uptick rule restored...
However, banks could have given this shorts a good lesson buying significant amounts of stock at those depressed prices, to give them a lesson like the one Posche gave shorts with VW stock...
More Evaporating Billions at Morgan Stanley [View article]
yeap, most analysts are either corrupt or idiots...maybe it would be best if the SEC prohibited them from making "buy", "sell", etc. calls...take away one of their weapons of manipulation...and restore the uptick rule, as Charles R Schwab has correctly pointed out, is an effective way to reduce manipulation...
You are correct Felix, most bankers are grossly overpaid, and as explained in Liar's Poker, they dont even care much about the total amount, but by the relative amount they earn compared to others in the company/competition.
A friend has a P.h.d in Physics, she is very bright, and instead of working to solve serious problems, she was attracted to work in trading models for Wall street because she made much more money, but I bet her talent would be put to much better use in another place solving real world problems.
Cramer: Stupendous Short Sale Volume Drove Banks Stocks Down [View article]
However, banks could have given this shorts a good lesson buying significant amounts of stock at those depressed prices, to give them a lesson like the one Posche gave shorts with VW stock...
More Evaporating Billions at Morgan Stanley [View article]
Pay Bankers Much Less [View article]
A friend has a P.h.d in Physics, she is very bright, and instead of working to solve serious problems, she was attracted to work in trading models for Wall street because she made much more money, but I bet her talent would be put to much better use in another place solving real world problems.