Wall Street & the Travel Ban

Wall Streeters typically aren’t the protest type. When they feel strongly about something, they don’t protest it — they trade it. So, while you saw the tech industry explode with outrage over President Donald Trump’s immigration ban, you haven’t heard much beyond measured statements from big Wall Street firms and you don’t see a lot … Read more

The Wall Street – best, worst and I can’t even Awards 2016

Holiday Parties

At the opening bell of 2016, the markets looked like an overmatched boxer entering the ring. Taking crushing blows to the head on the first day of trading, stocks got pummeled, creating a nosebleed for the first month. In June, Britain shocked the world with its vote to leave the EU — creating global losses … Read more

It’s hard out there for a pimp – Wall Street Bonus Season

It’s that time of year again on Wall Street … bonus season! Even though it was a good year for the stock market, it’s not all champagne wishes and caviar dreams. Last year the average bonus in the industry fell by 9 percent to $146,200 according to the New York State Comptroller’s Office and, after … Read more

Bonus to Quit Your Job

I came from Wall Street where bonuses are typically given out at the end of every year. Companies reward employees for a job well done, hoping that it will be an incentive to retain their top talent. But at Mavens, a cloud-consulting company for the health-care industry, they’ll pay you a bonus to quit. Why … Read more

I’ve never Google searched Money Porn

But typing that headline makes me curious. I’m going to do it right now. Hold please… Okay, well, I was too afraid to click the link of the first result because my computer is already running slowly. And we all know how easy it is to get a virus. But here’s the description under the … Read more

No New Friends…

When I turned forty I declared: No New Friends. I had had enough. I wasn’t interested in meeting new people. As far as friends were concerned; I was at the point where you slyly reach your hand under the table at Thanksgiving dinner and unbutton your button. I was stuffed—the shop was closed. No New … Read more

7 Things I learned about Failure

James Altucher has founded 20 different companies (at last count), ranging from hedge funds to dating websites. He has sold a few for $10 million or more but admits that most of his ventures have failed. This guy has risen from the ashes so many times he’d make a phoenix jealous. But failure isn’t as … Read more

Life After Lehman – Leaving Corporate America Behind

Not in the book

Jared Dillian wanted to break up with Corporate America while still having an open relationship with Wall Street. He had flirted with the idea of producing a stock market newsletter for years, but the timing never seemed right. Until one day — timing chose him. On the morning of Sept. 15, 2008, he boarded his … Read more

Wall Street is Giving up on Trump

The list of Republican names jumping off the Trump train and publicly endorsing Hillary Clinton is growing. And now, you can add one more to that: Wall Street. Back in May, I surveyed more than 50 financial professionals across the board. And the overwhelming majority said they were secretly planning on voting for Trump come … Read more