As I wrap up meetings with CFA Institute members here in India, many of my conversations have centered around investor trust and confidence in capital markets. This is especially apt given the local headlines about the fraud… READ MORE ›
A series of radio ads highly critical of Wall Street pay began airing this week in New York City. The radio spots — which lament that bankers, brokers, and money managers… READ MORE ›
Is it just me, or have credit rating agencies (CRAs) lapsed right back into their old habits? Once upon a time — 4,000 Dow points ago — we at CFA… READ MORE ›
News of New York State Attorney General Andrew Cuomo’s decision to file a civil lawsuit against Ernst and Young LLP for its role as auditor to Lehman Brothers is just the latest crack to develop in the… READ MORE ›
In a recent opinion piece in Financial News, Andrew Smithers criticizes the U.S. Federal Reserve and says that private sector debt is a long-term problem that poses a serious threat to the world economy.
Smithers, chairman of Smithers… READ MORE ›
It was during the implosion of Enron and hundreds of dot-com and telecom bubble companies a decade ago that accountancy became the “in” profession on the dinner-party circuit. Formerly staid CPAs regaled guests, young and old alike, with their… READ MORE ›
When the near-collapse of the global financial system in 2008 led to widespread calls for regulatory reform, much of the outcry was over derivatives—a major culprit in the worst financial crisis since the Great Depression…. READ MORE ›
At the start of his career, Felix Zulauf decided that he was going to be the first Europe-based opinion leader able to understand the movements of the market to forsee major shifts. He is now one of Europe’s most… READ MORE ›
The initial hysteria over the “vast” insider-trading scandal has waned somewhat in recent days. Early indications pointed to an assault on the so-called “mosaic theory” and other types of primary research tools. A particular target… READ MORE ›
A rumor is circulating that the longstanding practice of searching for and gathering individual pieces of nonpublic data to create a fuller research picture of a particular investment opportunity is somehow, well, inappropriate or far… READ MORE ›