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If You Think Socialism Bites, How About Nepotism?

The mortgage stimulus debate is exposing a great deal of what’s becoming increasingly wrong with our economy: the spirit of helping one’s neighbor is diminishing, and the wall separating the haves from the have-nots is becoming harder to break through.
Helping one’s neighbor?? But wait, should it be my responsibility to help someone who took [...]

FinancialStability.gov is FinancialStability.huh

Early in my career when I was at Morgan Stanley, the head of my department gathered a handful of us “next generation managers” into his office.
There was a big issue that needed solving by fresh, young, brilliant minds…but he called us in instead
He wanted an action plan for solving the problem by the [...]

A Mini Break…Obama and Geithner Can Thank Me Later

My beautiful and inspirational grandmother was sent home to the heavens on Monday. I flew to her small town in Louisiana this past weekend to say goodbye.
Coming back to NYC, my main priority was my clients. So for the rest of this week, I’m focused on getting them through this market ride.
Otherwise, I’d [...]

The Dow Doesn’t Like Obama’s Administration…

…or so it seems!
The Dow took a dive today into high-7000′s territory after Geithner delivered the much-hyped outline for TARP the Sequel.
Honestly, I felt underwhelmed as I watched his speech. The speech was so hyped that I expected to hear specifics–for example, how exactly would the fund distribution be tracked.
Geithner mentioned that there would [...]

Is the Stimulus Plan Trying to Do Too Much?

Never did I think I would accuse someone of too much stimulation…
But there’s a lot of things going on in the President’s economic stimulus plan.
As a side note, I’m a huge fan of President Obama and support him 100%. But he’s a person who enjoys being challenged, so here we go.
On a high level, [...]

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