Browsing Category "Uncategorized"

Do not Text and Drive.  It Is That Simple.

Do not Text and Drive. It Is That Simple.

Posted by on Mar 9, 2012 in Uncategorized

What could a comment on text messaging and driving possibly do with a blog that primarily discusses securities and commercial matters? A lot, actually. Here’s the deal. Too many people are injured or killed because of texting. It’s bad enough […]

Readmore

Amazing Chutzpah – Securities America asks reps to “pinky swear” reports InvestmentNews

Amazing Chutzpah – Securities America asks reps to “pinky swear” reports InvestmentNews

Posted by on Jun 9, 2011 in Uncategorized

So when is a contract not a contract? Or is it a contract? In a bizarre move, Securities America has asked its representatives to sign pledges of loyalty to the firm. The real question in my mind is this – […]

Readmore

Aaron Rents computers, and spies on its customers?

Aaron Rents computers, and spies on its customers?

Posted by on May 5, 2011 in Uncategorized

I found this shocking. Aaron Rents, a leading renter of furniture, computers and office stuff, is involved in controversy related to computers it rents. Similar to a controversy last year, where a school district in Pennsylvania was turning on laptop […]

Readmore

I’m on Jury Duty

I’m on Jury Duty

Posted by on Apr 21, 2011 in Uncategorized

I feel ambivalent about this. I will certainly lose productivity as a result, but why should lawyers be exempt. It’s an inconvenience, for sure, but isn’t it better to have a true cross-section than to limit it only to those […]

Readmore

A blast from my past.

A blast from my past.

Posted by on Feb 16, 2011 in Uncategorized

When I first started in the brokerage business, I was an in-house lawyer at Prudential-Bache Securities (which then became known as Prudential Securities, which was then purchased by Wachovia Securities, which was then purchased by Wells Fargo Advisors) in charge […]

Readmore

A Wharton Professor agrees with me – Indexed annuities ‘terrible ideas’ for seniors

A Wharton Professor agrees with me – Indexed annuities ‘terrible ideas’ for seniors

Posted by on Feb 3, 2011 in Uncategorized

Nobody should be surprised by this. I’ve been telling people for years that Equity Indexed Annuities are the roach motel of investments. Now Investment News has run an article that backs me up. Indexed annuities ‘terrible ideas’ for seniors, says […]

Readmore

Little Things Make Me Crazy

Little Things Make Me Crazy

Posted by on Feb 1, 2011 in Uncategorized

My firm is adverse to the same brokerage firm in two arbitrations. They are not particularly big cases, but after more than 10 years of litigating against the same firm, I realized that it appears to be a mindset. One […]

Readmore

Bad Language Leads to Arrest of Asset Management CEO

Bad Language Leads to Arrest of Asset Management CEO

Posted by on Jan 18, 2011 in Uncategorized

Remember when I blogged about Vincent McCrudden, an investment manager from New York? If you forgot, you can see it here. Back then, I analyzed his situation, tongue-in-cheek, and decided that he needed to have his mouth washed out with […]

Readmore

A must read – “The Big Short”

A must read – “The Big Short”

Posted by on Dec 27, 2010 in Uncategorized

I just returned from vacation. It is one of the few times during the year that I turn off the cellphone, email and fax. Instead, I spend time “enjoying” my family (they seem to act like it’s a burden) and […]

Readmore

Employers’ Use of Computer Fraud Act May be Slipping.

Employers’ Use of Computer Fraud Act May be Slipping.

Posted by on Nov 16, 2010 in Uncategorized

My friends at Fisher & Phillips, LLP maintain the Non-compete and Trade Secrets Blog. I have known these folks for a long time and they’re good at what they do. They may be wrong (wink), but they’re good at what […]

Readmore