As most of our regular readers know, I’m no fan of Wall Street. It’s not that I have ever had enough money to play the market, but I rather think that I’d do as well or better in Las Vegas. On the other hand, my budget at the gambling tables has never exceeded $20, so […]

What with all the scandals about the way large financial institutions handled questionable home loans and other costly transactions, you wonder why anyone would grant an ounce of credibility to Wall Street. To a small degree, I speak from a bad personal experience, which may be apropos of nothing in the scheme of things, though […]

I’d hate to be a stock broker. Well, maybe not, because I’d get a commission on every sale, regardless of whether the customer lost money or made money. But trying to figure out the weird morass of financial dealings, and the potential for a company to make a profit or show red ink would give […]