Who is Chuck Jaffe and why is he shilling for the investment companies?  "Come on, people, move your money around!  With Boomers retiring and this high unemployment, we can only make money by shuffling your investments... we're in the moving business, not the storage business" - Wall Street.   Please list the alter...more

Best I can figure, Jim bought gold and now he is feeding investor 'angst'... click here for useful investment advice and get... angst?  Who needs this?   Congress shoots down a bill raising the debt ceiling and the market drops several hundred points... the market and the recovery are drifting sideways pending reso...more

A more interesting article would be "Is Wall Street the new Las Vegas?"

Detroit is the poster child for what happens when an entire domestic industry hides behind outdated emissions standards, Washington lobbyists and 'business as usual'.  The global economy eats their lunch... now the US auto industry is seriously back in the game and, oh look!  They are profitable.

CEO's and Boards of Directors together skim an average of 10% off of a US corporation's profit.  In terms of stock valuations your portfolio could be 10% higher without these excessive rewards.  Or the company could invest more in R&D or expand.  Its a cozy arrangement; the Board approves a raise for the CEO and he rew...more

I swear, I am not normally big on conspiracy theories, but I think there is a large element out there that seriously wants this recovery to fail... they are standing firm against raising the debt ceiling, they are buying and holding a lot of gold, and they see big financial and political advantages to tanking the econo...more

nycnative, yes we know the difference between an analyst - someone who over-rates an investment for personal gain - and a trader - someone who resells the bad investments while holding their nose and crowing "we're in the moving business, not the storage business".   Yes, these are stereotypes but Wall Streeters br...more

Yes, of course they need to be held accountable for the crushed dreams of several years of college graduates, double-digit unemployment, depressed savings and almost overwhelming national debt from the bailout and recovery.  These crooks changed the image of Wall Street from 'basically fair and honest with a few except...more

With all the talk about the budget, White House negotiations with Tea Party conservatives, etc. the real crooks and thieves are on Wall Street...  there is a special place in he11 for the lying bastards who bundled under-performing mortgages with worthless insurance and sold them to unsuspecting investors around the gl...more