Electronic Bulls, Bears and Pigs: Predicting the Next “Flash Crash”

By Hazel Henderson Remember the old Wall Street adage, “Bulls make money; bears make money; pigs go broke!”? Today, not so much. Pigs often win, particularly those armed with computers and algorithms. Speed and complexity are the tools of those seeking alpha, hiring quants to create ever more complex derivatives …

GMI Ratings in the News: Corporate Governance, Forensic Accounting

In the News Executive Compensation, Combined CEO/Chair 5/3/13 — 1 Way This Company Squanders Your Investment — Motley Fool “Want to destroy billions in shareholder value and still get 75% of your bonus? Consider working at AT&T (NYSE: T), or another company with combined CEO and chairman roles.” 5/1/13 — …

Book Review: ‘Dark Pools’ By Scott Patterson

Dark Pools is a page-turning, fascinating account of how computerized algorithmic high-frequency trading (HFT) and electronic platforms evolved, took over financial markets and turned the NYSE floor into a mere “puppet-show for TV.” Author Scott Patterson, a reporter for theWall Street Journal, is a consummate observer. Dark Pools is a …