Pretend Your Firm Is an Investment Bank

Analogies are imperfect (that’s why they’re called analogies), but here’s an interesting thought experiment tying together the wild rides investment banks have had on Wall Street during the past few weeks and the potential impact of the Legal...

How Big & How Bad Is It?

Now that Morgan Stanley and Goldman Sachs will be converting into traditional bank holding companies, the landscape has changed for keeps: "With the move, Wall Street as it has long been known — a coterie of independent brokerage firms that buy and sell...

Stop the Insanity

Sometimes in the midst of turmoil all around us, with the landscape of the financial services industry–for many of us, our lifeblood–reforming under our very eyes, it’s worthwhile to take a step back and reflect upon some enduring business verities....