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Archived Articles for July, 2011
SEC Finds Evidence of Fraud in connection with the sale of Reverse Convertible Notes. Ameriprise, Morgan Stanley and UBS subpoenaed by State Securities Regulators.
July 27, 2011 @ 12:08 pm
    Reverse convertible notes are highly risky investments. Many of these securities have stated coupons, which entice unsophisticated investors, but that are a trap for investors, because stockbrokers and other investment professionals fail to disclose that when the price of the securities to which the reverse convertible note is linked, increase in value the investor's return is limited to the stated coupon on the note.  However, when the price of the security to which the note is linked, decreases in value, investors are left holding the bag. ...
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US Chamber of Commerce Blasts FINRA
July 20, 2011 @ 9:53 am
    Corporate America controls the U.S. Chamber of Commerce. These are the same people that want tort reform, and to limit the liability and responsibility of corporate America, and everyone else, for polluting the environment, selling defective products, price fixing, financial fraud, and otherwise screwing consumers, every chance they can get away with. So when the U.S. Chamber of Commerce criticizes FINRA, you know things must be really bad. The U.S. Chamber of Commerce issued a report yesterday that the Dodd-Frank financial reform laws fail to address transparency a...
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Investment Literature
Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports

Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports

Selling America Short: The SEC and Market Contrarians in the Age of Absurdity

Selling America Short: The SEC and Market Contrarians in the Age of Absurdity


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