I ALWAYS enjoy Fareed Zakaria’s show, GPS, and watch or tape it every Sunday. It never disappoints and certainly didn’t today. One of the guests, Michael Lewis, has written about Wall Street for the past two decades making notoriety with his first book, Liar’s Poker, about the bond scandal which he predicted would bring down “The Street”. He was admittedly wrong then and has hope that the new regulatory movement and measures will protect consumers from themselves. Read the rest of this entry »
Posts Tagged ‘banking’
Will Self-Interest and Social Interest Prevail on Wall Street?
Sunday, March 21st, 2010 by adminPrudent Financial Advice vs. Product: A Formula for Rebuilding Consumer Trust
Monday, February 22nd, 2010 by adminOver the past 27 years, I’ve watched the financial industry struggle with a system and process to engage and advise consumers in their money management. My work has focused on that challenge by trying to give investors their unique voice and tools for advisers to interpret those voices – spoken or unspoken. My first institutional presentation in 1983 was to the Securities Industry Association Board with its title, “Transforming Client Relationships from Product-driven to Client-oriented”. While I received high marks for style, the subject matter was considered too ideological and impractical. Read the rest of this entry »
