Tag Archive

Wall Street “Wizards” Just Presided Over the Biggest Money Drain in History – And They Are Getting Off Scot Free

Published on November 27, 2012 By Steven Weiss

Executive Memorandum CONFIDENTIAL To: The New CEO From: The Previous CEO Date: November, 2012 Re: Wall Street “Wizards” Just Presided Over the Biggest Money Drain in History – And They Are Getting Off Scot Free I imagine you are as furious as I am at the way Wall Street’s minions managed their global bloodletting.  They [...]

Innovating Innovation

Published on December 5, 2011 By Steven Weiss

The rules of the road must change. The financial system is badly in need of innovation. I do not mean financial engineering that Wall Street sells as innovation. I do not mean derivatives and other financial products that nearly bankrupted the country. Wall Street needs to question and re-question their fundamental assumptions and models. It [...]

Wal-Mart Cares. Wall Street Does Not Care.

Published on November 16, 2011 By Steven Weiss

Wal-Mart is sticking to low prices. Wal-Mart profits fell 2.9% from a year ago.  Wal-mart’s margins will continue to fall because they are investing in low prices for the holidays. Basically, Wal-Mart is lowering them or if they receive higher prices from their vendors, they are not passing those increases along.   Wal-Mart is also [...]

Wall Street

Published on January 17, 2011 By Steven Weiss

Wall Street is an enterprise’s worst nightmare.