Extra!! Extra!! Elian Gonzalez is the new CEO of Enron!!! Shark attacks in the Enron company pool!! Tonya Harding is now in charge of Enron security!! All of these things are obviously ridiculous. The fact of the matter is that almost everything surrounding Enron that has been reported to the public has been ridiculous. Here […]
We have received a plethora of questions trying to put into words exactly how some of these large corporate scandals occurred. I have been trying very hard to articulate the actions of the many corporate hucksters I have reported on during my radio show. Unfortunately, many of the financial structures are quite complicated and I […]
The following was an article I wrote in March of 2001… This past month the New York State Attorney General has finally started to take some action against many of the large brokerage firms and the conduct of their analysts. Both are implicated in causing much of the carnage in the equities markets over the […]
Growing up in a small town in upstate New York we were lucky enough to have one of those small town weekly newspapers. We looked forward for the arrival of each week’s addition. I remember fondly, anxiously waiting to see if our athletic heroics of the past week were covered in that week’s addition. Maybe […]
I am amazed at the 180-degree turn that the major brokerage firms have taken in their marketing strategies over the past year. Gone are the get rich quick commercials with “Stewart”, and “truck drivers owning their own country.” We have returned to the stuffy, conservative commercials of old, with voice-overs by William Dafoe and Steve […]
I have Enronitis. Not the same Enronitis that democratic pundits like Terry McAullife are trying to sensationalize. My Enronitis takes the form of a repetition and “I told you so” syndrome. All anyone wants to talk about is Enron and they all want to know how I knew of its demise. Well, over 200 radio […]
We have been very diligent and busy here at Markowski Investments the past few years. Through our newsletter, the “Markowski Monthly”, and via the many radio and television appearances we make, we have tried to expose any malevolent actions or events that could adversely affect the American people. For the past few years we have […]
The past 18 months were lousy for many investors and too often, paying attention to the advice of Wall Street analysts didn’t help. More often than not, listening to an analyst’s recommendations or stockbroker’s hot air simply intensified the pain as share prices crumbled disastrously. Instead of telling investors to “sell,” many analysts continued to […]
We have been so busy over the past couple of weeks with beat up investors from all over the world. A common thread that has linked many of these investors together is their penchant for “hot” mutual funds. We define these funds as long on marketing and short on track record. Many Americans bought into […]
Ever wonder why you never see a sell recommendation? Why does it take an enormous drop in share value before an analyst will make a move on a stock? What is with the complete refusal to let go of a buy rating on stocks valued with “new economy math?” Dr. Kent Womack, a finance professor […]