By: Matthew Arndt, CFA, CPA, CFP | February 1, 2010 | The Politicians, The Regulators

It’s conceptually simple: take away any government protection for stockholders, management and creditors of large financial institutions to help shrink their appetite for risk-taking. For instance, in the case of the Bear Stearns debacle stockholders should have been wiped out; management should have been fired; and the bondholders should have suffered significant losses. Instead, stockholders [...]

By: Matthew Arndt, CFA, CPA, CFP | January 22, 2010 | The Politicians, The Regulators

There is a developing proposal that requires congressional approval which is intended to limit among other things speculative trading activity at large banks that receive blanket guarantees from U.S. taxpayers through FDIC insurance and other Governmental assurances. Branded the Volcker Rule after its originator former Federal Reserve chairman Paul Volcker, it imposes tougher standards on [...]

By: Matthew Arndt, CFA, CPA, CFP | December 7, 2009 | The Politicians, The Regulators

Either some journalists are really naïve or they are complicit in trying to pull the wool over taxpayers’ eyes. Today’s headline, US Cuts Estimate of Bank Bailout Costs and the statement, “The Obama administration had estimated the cost to taxpayers of the $700-billion Troubled Asset relief Program, or TARP, would be $341 billion but now [...]

By: Matthew Arndt, CFA, CPA, CFP | June 24, 2009 | The Politicians, The Regulators, Wall Street Ethics

In a story that has gone for the most part unnoticed, Citigroup and Bank of America, both of whom have received massive infusions of taxpayer money in the past year, are now scheming to get around the recent limits being placed on annual bonuses.  Both are expected to raise base salaries for investment bankers and [...]

By: Jack WaymirecloseAuthor: Jack Waymire Name: Jack Waymire
Email: jack@paladinregistry.com
Site: http://paladinregistry.com
About: Jack writes for the InvestorWatchdog website and Worth magazine. He worked in the financial services industry from 1976 to 2004. For twenty of those years he was the president of a Registered Investment Advisory firm and a Broker/Dealer. Jack is the author of Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor and is a co-founder of PaladinRegistry.com.See Authors Posts (87) | March 16, 2009 | Illegal Schemes & Scams, Report Fraud, Wall Street Ethics

Rep. Manzullo gets the chance to ask the same question that all taxpayers are asking as of yesterday when we heard of the AIG bonuses that were going to be paid to the ‘leadership’ teams that ran the company into the ground last year!!! Priceless! You almost feel sorry for the Bailout Czar, [...]