These articles have been compiled from the last 25+ years and are archived here to serve as an incredible free resource for our long time listeners and those new to the show. Topics range from financial planning basics to politics, life, the economy and more.
Anchor Elizabeth Vargas: “Terry some were surprised to hear President Bush say we’re in the midst of an energy crisis.” Terry Moran: “He did Elizabeth. Just as President Bush used what he called the sputtering economy, what some people called talking down the economy as a way to sell his tax cut, he is now […]
Every single time I see a politician or Attorney General holding some ridiculous “pat myself on the back” press conference I get nauseous. Case in point, Alan Hevesi, New York State Comptroller telling all who would listen that the $2 billion WorldCom settlement he had just negotiated with J.P. Morgan Chase “represented a substantial recovery […]
“How did you know that tech stocks were going to collapse?” That is a question I have peppered with countless times over the past five years. I have answered it politely in many different ways always doing my best to use humor and metaphor to soften the blow. Now that we have just passed the […]
“It is the highest impertinence and presumption, therefore, in kings and ministers, to pretend to watch over the economy of private people, and to restrain their expense, either by sumptuary laws, or by prohibiting the importation of foreign luxuries. They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them […]
The 1980’s was a golden age of comedy as far as I am concerned. Movies such as Better Off Dead, Fast Times At Ridgemont High, Sixteen Candles, and A Fish Called Wanda are a few of my favorites. If one particular 1980’s comedy film encapsulates some of the things I do in my career it […]
This past month New Jersey Judge Judith Wizmur refused the request of shareholders to file a competing bankruptcy plan for Trump Hotels & Casino Resorts Inc. which eliminates the key obstacle to court confirmation of the casino company’s Chapter 11 reorganization. The denied motion would have stripped Trump Hotels of the exclusive right to propose […]
The Wall Street Swipers sure have been busy this past month. We have been working our tails off trying to keep up with all the exorbitant malfeasance. Here are a few of the stories… EDWARD JONES PULLS A FAST ONE The Edward Jones folksy advertising campaign gives me a laugh or two a week. However, […]
Federal authorities have finally announced a crackdown on brokerage firms that have been offering investors in worthless penny stocks a “once in a lifetime opportunity” to swap into blue-chip stocks if they pay a fee. We reported on this last year on the Watchdog on Wall Street Radio Show. The SEC has charged six Florida […]
Once again, I was honored to be invited to broadcast my radio show from radio row at Inauguration 2005. It was an eventful and enlightening week to state the least. I have broken down some of the highlights and low points so readers can understand with great clarity what really transpired in Washington D.C. from […]
“Don’t worry, Mr.& Mrs. Jones. Take out a home equity loan. Borrow the money to buy our latest IPO. You will make a fortune!” The National Association of Securities Dealers is now investigating one of the more disgusting examples of brokerage house malfeasance that I have ever seen (And I have seen a lot). What […]
Securities regulators have ordered Smith Barney to pay a $275,000 fine plus restitution for selling very high-risk commodity futures to individuals who had no business owning them, plus never disclosing the risks. Citigroup/Smith Barney is also returning $203,000 to 45 customers to whom it made the unsuitable recommendations. The funds sold were the Citigroup Diversified […]
One of the more popular punishment exercises used by parents and teachers on misbehaving children is the “Time Out.” I don’t know whether or not it works, however Wall Street regulators now seem to fancy it. Regulators are now using the “Time Out” tactic on bad boy brokerage firms. Regulators are finally starting to realize […]