Tag: volatility
Island Investing: Status of Reform
From my column last Saturday in the Keys Weekly. Q. What’s the latest on financial reform? A. Last week the Senate passed major financial reform legislation that is in now being reconciled with a bill passed by the House last year. Once the differences are ironed out, it will be signed into law. The legislation, […]
Island Investing: High Frequency Trading
Q. What is high frequency trading? A. Five years ago, if you asked me to name two arcane financial subjects that I’d probably never hear discussed in a diner in the Keys, I’d have said ‘credit default swaps’ and ‘trading algorithms.’ During lunch at Mangrove Mike’s in Islamorada a year ago, however, I first overheard […]
Island Investing: Goldman Sachs
My column today from the best little newspaper south of Jewfish Creek, the Keys Weekly. Q. What exactly did Goldman Sachs do to get into such trouble? A. Late last week, the country’s premier investment bank Goldman Sachs was accused of securities fraud in a civil suit filed by the Securities and Exchange Commission. The […]