Investment Banking

Inside Dismal (+83,000) September BLS.

Inside the BLS Employment Situation Report This is my monthly look inside the BLS Employment Situation Report. There are two BLS Surveys: the Establishment and the Household. Establishment surveys about 141,000 businesses and government agencies, representing approximately 486,000 individual worksites. It is taken each month during the week which includes the 12th of the month.

MF Global Debacle Will Get Uglier

This is going to get uglier. MF Global was what is called a FCM (Futures Commodities Merchant.) It was a major player in the options and futures business. Apparently they made a big bet on Eurozone debt which turned out to be a disaster. When they tried to sell the company to another FCM it

When you go into business for yourself, it’s…

Doing some catch-up reading this weekend, including a Fortune piece on NYC investment bank Sandler O’Neill that lost 66 of its 171 employees in the 9/11 World Trade Center attacks, not to mention all it’s equipment, financial records, client files, everything. It’s now 340 employees, run by Jimmy Dunne who had this great quote about

When you go into business for yourself, it’s…

Doing some catch-up reading this weekend, including a Fortune piece on NYC investment bank Sandler O’Neill that lost 66 of its 171 employees in the 9/11 World Trade Center attacks, not to mention all it’s equipment, financial records, client files, everything. It’s now 340 employees, run by Jimmy Dunne who had this great quote about

Attention Michael Lewis Fans

Like countless others, I’m an eternal fan of Michael Lewis. He’s been a reliable and entertaining chronicler of finance, technology and sports for decades, and he’s still going strong with books, magazine articles, and now movie scripts. Here’s a feature piece on him. New York Magazine: It’s Good To Be Michael Lewis

HP 12C Calculator Turns 30

Great piece on the OG financial calculator HP 12C turning 30. I’m working on a piece for National Mortgage Pro magazine on how your calculator defines you. Stay tuned…

HP 12C Calculator Turns 30

Great piece on the OG financial calculator HP 12C turning 30. I’m working on a piece for National Mortgage Pro magazine on how your calculator defines you. Stay tuned…