Amy Walker’s War on Credit Suisse and a System of Entitled Indifference
Edel RodriguezIllustration: Edel Rodriguez For more than a decade Amy Walker, a research analyst in London, has been waging a ceaseless battle for justice in connection with what she alleges was a...
View Article#MeToo on Wall Street: An Intern’s Battle With Barclays
Edel RodriguezIllustration: Edel Rodriguez In June 2018 when Todd Richter left Barclays Capital in New York City, his new employer, Guggenheim Securities, wasted little time before issuing a press...
View ArticleThe U5 Loophole
Illustration: Edel Rodriguez Achieving success on Wall Street requires a wide mixture of skills: mastering technical subjects, such as math, economics and finance; earning and keeping the respect of...
View ArticlePenumbra Inc.’s Catheter Fail: Broken Tips and Lost Lives
Few things vex a publicly traded company’s managers more than the prospect of admitting a mistake. To acknowledge an error risks a stock selloff, bad publicity and possible litigation, as well as...
View ArticleFreedom Holding: After ‘Borat,’ the Silliest Kazakh Import of the Century
If one word could describe the U.S. stock market of 2020, it would be “improbable.” The S&P 500, for example, has risen about 14.14 percent this year despite a pandemic that is deadly to both...
View ArticleFor Jazz Pharmaceuticals, Failure Is the New Winning
In late June, Jazz Pharmaceuticals began to market a drug aimed at treating people whose metastatic small cell lung cancer has not responded to an initial round of chemotherapy. The drug,...
View ArticleDanny Guy, Derrick Snowdy and the Strange Wars of Confused Men
Derrick Snowdy is probably as close to a celebrity as Canada’s private investigator community has. Starting in 2010, Snowdy burst into view as a prime mover in the political controversy colloquially...
View ArticleFreedom Holding: The Red Flag Factory in Belize
Freedom Holding Corp. has some explaining to do. The financial services firm has quite improbably become one of the fastest growing companies on the planet. It lists its shares on the Nasdaq, is...
View ArticlePennyMac Financial Services: The Next Mortgage Crisis Is Underway
The Long and Short of It 1. PennyMac Financial Services is a NYSE-traded mortgage lender with a $2.3 billion market capitalization. A force in the...
View ArticlePennyMac Financial Services: Dubious Accounting Games Won’t Solve Its Crisis
(Please see the article’s bottom for an important disclosure about revenue-sharing with a balance sheet partner.) By all rights, 2022 should be the worst year of PennyMac Financial Services’ young...
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