About Those Mad Wall Street Egomaniacs | Ziad Abdelnour

About Those Mad Wall Street Egomaniacs We Call “Masters Of The Universe”

Masters of the markets may not want fame, but some certainly want the trappings it brings: the best tables at the best restaurants, access beyond the velvet ropes, and membership to the most exclusive clubs. So they get those things by simply buying them. Everything has a cost, and Wall Street loves to prove that. It confirms their worldview: money is the most important thing.

Eventually, for every Wall Street trader, for every hedge-fund manager, there will come a time when it is over. A run of luck will come to an end. The secret that made them feel special will be discovered. Or the regulators will find them, breathing down their necks, challenging the secrets as being too secret, or the wrong type of secrets.

For More: http://www.financialpolicycouncil.org/fpcnew/blogdetails.aspx?id=1103/Smart-v/s-Wealthy

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Assessing The Trump Candidacy

There are some implications for the financial and investing communities.

But first, to address the well-founded skepticism after previous teases at runs each election cycle since 2000: Trump is running in the Republican primary and has just filed the requisite documents with the Federal Election Commission. He has the funds to tackle the ballot access requirements in each state, and to hire the brains to strategize a successful run.

In those respects, Trump evokes a comparison to an equally iconoclastic predecessor who ran twice for President in 1992 and 1996: H. Ross Perot. Now, Trump has a big advantage over Perot in that while it is far easier to get to the general election as a self-financing independent, it is far easier to actually win if you are the nominee of one of the two major parties.

For More: http://www.financialpolicycouncil.org/fpcnew/blogdetails.aspx?id=1099/Assessing-The-Trump-Candidacy

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