Tweet: Anders Melin on Congress & Robinhood & Citadel

Tweet

Anders Melin
@MelinAnders

Robinhood just got asked by two lawmakers to send over its payment-for-order-flow contracts with market makers such as Citadel.

The letter came from @RepCindyAxne and @RepBillFoster

Robert Steele
@OSSRobertSteele

@Jim_Jordan @RepCindyAxne @RepBillFoster all market makers cheat and both Senate and House committees are complicit in http://wall-street-crime.org shall we dance? The tag cloud of names grows daily.

Subject: Hamilton E. James

People, Subject of Interest

Hamilton Evans “Tony” James  (born February 3, 1951) is an American billionaire businessman, and the executive vice chairman of The Blackstone Group, a New York-based global asset management firm, having previously been president and chief operating officer. James has been chairman of Costco since August 2017.

In 1975, James joined investment bank Donaldson, Lufkin & Jenrette and became head of its global M&A group in 1982. He founded DLJ Merchant Banking, Inc in 1985. In 1995, James was appointed chairman of the firm’s banking group, a position he held when DLJ was acquired in 2000 by Credit Suisse First Boston, and was a member of its board of directors. At CSFB, James served on the executive board and as chairman of global investment banking and private equity. A 2007 Wall Street Journal article credited James with leading the acquisition process, on behalf of DLJ. Continue reading “Subject: Hamilton E. James”

Article: Senator Ossoff Drops a Bombshell: “The 12 or 13 Largest Banks” Got the Trillions from the Fed’s Repo Loans Last Year

Article - Media

Senator Ossoff Drops a Bombshell: “The 12 or 13 Largest Banks” Got the Trillions from the Fed’s Repo Loans Last Year

Pam Martens and Russ Martens: March 3, 2021 ~ Wall Street on Parade

“Nearly all the money went to too-big-to-fail institutions. For example, in one emergency lending program, the Fed put out $9 trillion and over two-thirds of the money went to just three institutions: Citigroup, Morgan Stanley and Merrill Lynch.

“Those loans were made available at rock bottom interest rates – in many cases under 1 percent.”

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Subject: David Rocker

People

David A. Rocker  (born 1943) founded the hedge fund Rocker Partners, LP. Rocker holds a magna cum laude bachelors from Harvard College and a master of business administration from Harvard Business School. Rocker and his wife, Marian, reside in Florida and New Jersey. They have two sons.

In 1969, Rocker joined Mitchell Hutchins, where he was a research analyst and investment banker. In 1972, he hired on at Steinhardt, Fine, Berkowitz & Co., a pioneering hedge fund, and was a general partner there from 1973 to 1981. Rocker joined Century Capital, a registered investment adviser, as a partner in 1981. While there, he was a portfolio manager for institutional clients. Continue reading “Subject: David Rocker”

Economist: Robert E. Litan

Academic, Author, Economist, Journalist, People

Robert E. Litan Robert Litan is a Non-Resident Senior Fellow at the Brookings Institution, where he has previously been a Senior Fellow on staff, and Vice President and Director of Economic Studies. His current research focuses on federal regulation, entrepreneurship, and a broad range of economic policy subjects.

Litan is also a practicing attorney, as a partner with the law firm of Korein, Tillery, based in St. Louis and Chicago. He previously was a partner, Of counsel and associate with two Washington, D.C. law firms, and served during the first term of the Clinton Administration as Principal Deputy Assistant Attorney General in the Antitrust Division of the Justice Department, where he oversaw civil non-merger litigation and the Department’s positions on regulatory matters, primarily in telecommunications. Continue reading “Economist: Robert E. Litan”

Journalist: Richard Crump

Journalist, People

Richard K. Crump Richard Crump joined the Federal Reserve Bank of New York in 2009. His research interests are in Econometric Theory and Financial Economics.

He holds a Ph.D. in Economics and an M.A. in Statistics from the University of California at Berkeley, along with a B.S. in Economics from MIT. Prior to graduate school he worked as an Associate in the US Economic Research Group and the Global Markets Research Group at Goldman Sachs.

Full Biography

Articles:

Article: Burford Loses Bid For LSE Trader Info In Short-Selling Attack

 

Author: John D. Finnerty

Author, Journalist, People

John D. Finnerty  John D. Finnerty is Professor of Finance and the founding Director of the MS in Quantitative Finance Program at Fordham University. He was awarded early tenure in 1991 and received the Gladys and Henry Crown Award for Faculty Excellence in 1997. He served as the Director of the MS in Quantitative Finance Program from 2006 to 2008. Dr. Finnerty is also Managing Principal of Finnerty Economic Consulting, LLC, which is based in New York. His areas of specialization include business and securities valuation, solvency analysis, derivatives instruments, and calculation of damages.

Dr. Finnerty has published fourteen books and more than 90 articles and professional papers. His writings and teaching have focused on the analysis and valuation of fixed income securities, complex derivative products, mortgage-backed securities, and asset-backed securities. His most recent books include Corporate Financial Management, 4th edition, just published by Wohl Publishing, Project Financing: Asset-Based Financial Engineering, 2nd edition, published by Wiley, and Debt Management, published by Harvard Business School Press. Continue reading “Author: John D. Finnerty”

Author: Noah Feldman

Author, People

Noah R. Feldman  (born May 22, 1970) is an American academic, author, columnist, public intellectual, and host of the podcast Deep Background. He is the Felix Frankfurter Professor of Law at Harvard Law School and chairman of the Society of Fellows at Harvard University. His work is devoted to constitutional law, with an emphasis on free speech, law & religion, and the history of constitutional ideas.

Feldman grew up in Cambridge, Massachusetts, where he attended the Maimonides School. Feldman was raised in an Orthodox Jewish home. Continue reading “Author: Noah Feldman”

Journalist: Richard B. Evans

Journalist, People

Richard B. Evans  Associate Professor of Business Administration, Donald McLean Wilkinson Research Chair in Business Administration.

Richard Evans’ research deals broadly with investment decisions, and his current research projects explore fund manager compensation and incentives, exchange-traded funds, corporate political activity and stock performance, short-selling and quantitative vs. fundamental investment strategies. Continue reading “Journalist: Richard B. Evans”

Article: Young Koreans are echoing r/WallStreetBets in their war against short sellers

Article - Media, Publications

Young Koreans are echoing r/WallStreetBets in their war against short sellers

Max Kim, Rest of World,  03 March 2021

The Korean Stockholders’ Alliance is located in Yeouido, Seoul’s financial and political district, on the fifth floor of an officetel building mostly occupied by financial companies. Jung Eui-jung, the 62-year-old head of the Alliance and the sole resident of its office, points out the window to a large, bright-yellow bus parked outside on Eunhaengro (“bank street”), so named because it is home to South Korea’s two main state banks. The Alliance is an advocacy group that represents retail investors, with around 41,000 members. Its current mission statement is displayed in block letters on the side of the bus: “I hate short selling!”

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THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?