Conflicts Of Interest In Investment Banking: What Is The “Right” Answer?

By guest author Jim Heinzman [A few weeks ago, I wrote a Forbes column titled Financial Reform: Legal Vs. Right in which I discussed the interrogation of Goldman Sachs executives by members of Congress following the SEC’s lawsuit against the firm and argued that even if not guilty in a legal sense, Goldman and its

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Forbes Column 2010: Financial Reform: Legal vs. Right

The Goldman hearings elucidate the financial system’s dilemma between what is legal vs. what is right. Read Financial Reform: Legal vs. Right

Soros On Financial Reform

Some of you may be following the Senate hearings today. Here is George Soros on what needs to happen: Do not ignore the need for financial reform. It was written on October 25, 2009. At the moment, Goldman CEO Lloyd Blankfein is being questioned by Senate investigators. Senator Levin has done a very good job

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Deficit Reduction: Speculation Tax?

Paul Volcker said two things on Fareed Zakaria’s GPS show on CNN recently: (1) Deficit reduction is critical for America (2) We need engineers, not financial engineers. You know my point of view on the speculator versus value creator issue. I consider it Capitalism’s Fundamental Flaw that speculators make so much money while value creators

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