Wallstlawblog

LATEST ARTICLES ( 44 )

• Wall Street Trading - Heads I Win, Tails Y'all Lose (a Whale of a Story)

  

  When Wall Street trading desks believe they are onto a winning strategy, they like to build up big positions. Same with mostly unregulated hedge fund traders.... Read more

  Posted on 16 April 2014 BUSINESS, LEGAL

• Consign the "Billable Hour" to the Dustbin of History (update 1)

  

  Warning! Common sense ahead. It is pretty much impossible for lawyers to bill litigation clients by the hour without raising serious conflicts between the best... Read more

  Posted on 25 March 2014 BUSINESS, LEGAL

• Risky Business - What is Risk, Anyway?

  So what is risk? Well, Here is a nice compact definition that I like:  Risk equals the inherent chance of a bad result from a decision or course of action. Read more

  Posted on 13 March 2014 BUSINESS, LEGAL

• Former Bear Stearns Executives Should Give Thanks They Are Not in Prison

  Excesses did occur. So did I know things were getting a bit out of hand? Yes. Was I as vociferous as I should have been? Maybe not... [but] it's hard to turn of... Read more

  Posted on 27 November 2013 BUSINESS, LEGAL

• How to Watch NFL Football, Lesson 1

  

  By Joan Madden NFL expertHey, NFL football fans – 95% of you have no clue what is going on in a football game. Your eye is on one thing and one thing only: the... Read more

  Posted on 19 July 2013 BUSINESS, LEGAL

• Bear Stearns, The Complete Story - A Fraudulent Scheme for the Ages (Part One)

  

  Powered by revenues from the many businesses that were part of the firm's corrupt mortgage securitization machine, Bear Stearns set a new company record for... Read more

  Posted on 12 July 2013 BUSINESS, LEGAL

• Loss Frequency v. Loss Magnitude - A Financial Risk Management Lesson

  

  In finance, risk is the chance that an investment decision or strategy will result in loss. Any analysis of risk must consider two major elements - FREQUENCY O... Read more

  Posted on 06 April 2013 BUSINESS, LEGAL

• Bear Stearns Collapsed 5 Years Ago; Fraud Remains Overwhelming Success

  "Fraud by complexity" is very dangerous. Until Main Street has a far better understanding of what happened on Wall Street, then the corrupt rigged game that... Read more

  Posted on 18 March 2013 BUSINESS, LEGAL

• The Two Most Important Words in Financial Risk Management?

  

  Worst Case Scenario Analysis - Management of low frequency / high magnitude risks. It is impossible to manage against the risk of high loss magnitude events... Read more

  Posted on 18 March 2013 BUSINESS, LEGAL

• We Found the Right Guy to Prosecute the Banksters...

  

  By Brett Sherman We have not heard anything about the federal government disbanding the Justice Department. Maybe we missed it. Still, no big criminal... Read more

  Posted on 27 December 2012 BUSINESS, LEGAL

• Traders Hate Risk Limits! (a Lesson in Risk Management)

  The point of risk limits is to make sure that no one trade - or series of related trades - can generate losses big enough to cripple, or even kill, a financial... Read more

  Posted on 17 December 2012 BUSINESS, LEGAL

• Bear Stearns: Why Civil Action, Not Criminal?

  

  In a civil action, a plaintiff (there is no prosecutor in the civil case) must meet the preponderance of the evidence standard in order to win. What is a... Read more

  Posted on 03 October 2012 BUSINESS, LEGAL

• Bespeaks Caution- No Such Thing as a Safe Harbor If The Sea is Already Angry,...

  

  Some harbors are safer than others... Filling a prospectus with risk factors won't always protect you. Remember, risk warnings are all about uncertainty, and... Read more

  Posted on 13 September 2012 LEGAL

• Rampant Securities Fraud - Why It Exists; How to Stop It...

  

  Life is about playing by rules. Sometimes we make a pact to voluntarily follow a set of rules - like when we play golf or tennis or darts or ping pong. Read more

  Posted on 12 September 2012 BUSINESS, LEGAL

• My 9/11 - A Lucky Escape from Two World Trade Center, 65th Floor

  

  Well, it seems like yesterday that I wrote this post. Somehow, a year has passed. Forgive me for publishing my story again. It is cathartic for me. And it is wa... Read more

  Posted on 11 September 2012 SELF EXPRESSION

• Statistics Reveal That Many Bear Stearns Employees Should Consider Class Action...

  IN LIGHT OF THE JUST ANNOUNCED SETTLEMENT OF BEAR STEARNS SHAREHOLDER CLASS ACTION CLAIMS, WE ARE REPRINTING OUR MAY 2008 PRESS RELEASE ABOUT THE OPT OUT... Read more

  Posted on 09 June 2012 BUSINESS, LEGAL

• What Did Jamie Dimon Tell Charlie Rose?

  

  Some interesting things... Let's just say that this is one of those glass houses/stone throwing morality tales... JPMorgan Chase CEO Jamie Dimon Appeared on... Read more

  Posted on 08 June 2012 BUSINESS, LEGAL

• Talking JPMorgan Debacle, Latest Evidence of Fraud at Bear Stearns and the...

  Internet Killed The Radio StarWallStLawBlog (@WallStLawBlog)6/4/12 11:54 PMMe on Maureen Ennor's talk show from today, talking securities fraudblogtalkradio. Read more

  Posted on 05 June 2012 BUSINESS, LEGAL

• Bear Stearns Believed It Bought Credit Ratings

  Credit Ratings Shopping Clear? Wall Street Law Blog Thinks So By Brett Sherman Several complaints filed against Bear Stearns, its former subsidiaries, and/or... Read more

  Posted on 01 June 2012 BUSINESS, LEGAL

• The Fraudulent Branding of Bear Stearns (a Call to Action)

  DECEIT IS THE ESSENCE OF FRAUD.At Bear Stearns, senior management spent years deceiving investors. And boy was it ever worth it... Read more

  Posted on 01 June 2012 BUSINESS, LEGAL