Speed Trader Opens Up, Citi Chief's House For Sale, For-Profit Colleges Facing Regulations And More

Wednesday, April 18, 2012 Is Speed Trader Mark Gorton Killing Wall Street? Mark Gorton is sitting in the Zen garden on the roof of his office in downtown Manhattan, squinting into the sunlight and telling me he's not evil. "If you listen to some of the rhetoric in the press recently, you'd think we were killing babies," Gorton says, in between sips of organic blood-orange soda as he leans forward in a wicker chair. He's upset that his business is being "tarred" by the bad publicity plaguing the rest of Wall Street. "What we're doing is a net positive for the world." SEC Gives In To Lobbyists, Caves On Derivative Regulation Peter S. Goodman: Europe's Mindless Embrace Of Austerity Perpetuates The Disease For-Profit Colleges Face Limits On Recruiting Citigroup CEO Vikram Pandit's Modest Country House Is For Sale, For $4.3 Million Ex-Wall Street Banker: Volcker Rule Will Correct A Dangerous Mistake BLOG POSTS Robert Reich: The Significance of Citigroup's Shareholder Revolt The vote against Vikram Pandit's proposed pay package isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America. Shareholders aren't happy about executive pay. Bruce Kushnick: Please, Sir, May I Have Another? For the last 20 years, the nation's major telecom companies have been playing the public and regulatory officials for fools. Now they're claiming they shouldn't be obliged to provide affordable landline service to everyone anymore, as they take the money and run to wireless. Jeffrey A. Miron: The Fed Versus the Gold Standard Recent vilification of the Fed and claims that a gold standard can solve U.S. economic problems are without empirical foundation. Gene Marks: 10 Economic Indicators That Mislead Small Businesses Being a small business owner I'm an eternal optimist. But small business owners need to pay close attention when the media says that something "increased" or "got better." Always say to yourself: "Better? Compared to what?" Chuck Marr: Top 10 Federal Tax Charts We've collected our top ten charts related to federal taxes. Together, they provide useful context for the coming debates about how to reduce soaring budget deficits and reform the tax code.

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