Archive for February, 2011

Dear Frank Rich: Irving Picard is no Pecora. (Madoff)

Tuesday, February 15th, 2011

Perhaps you read Frank Rich's column in the New York Times on Sunday, February 13, 2011, where he likened Irving Picard, the Trustee overseeing the bankruptcy of Bernard L. Madoff  Investment Securities (BLMIS) to Ferdinand Pecora, a true Wall Street reformer.   I am a huge fan of Frank Rich, but he ...


Hello world!

Monday, February 7th, 2011

Welcome to my blog.  I will be commenting form time to time about various issues of importance to me. This will include stories and perspectives on politics (I have to warn you I have strong opinions and they're more likely than not a little left leaning), Israel (I am a ...


WHAT IS YOUR BROKERAGE STATEMENT WORTH? NOT MUCH

Wednesday, February 2nd, 2011

Imagine yourself with a huge nest egg. You invested money with a well-respected money manager, a registered SEC broker-dealer, and watched your investment grow year after year. You took money out to pay everyday living expenses, taxes, maybe a vacation or two. You got rid of your long term care ...