Restoring Trust: In Markets and Politics

Jay Owen Global Citizen, Articles by Hazel Henderson

It’s common knowledge that human societies work most effectively and harmoniously where there are high levels of trust – in each other and our institutions.  Markets cannot operate without trust.  Wall Street is learning this as I discussed in Electronic Bulls, Bears & Pigs.  Confidence among retail investors has dropped since …

Financial Reform Newsletter: President Obama signing the historic financial reform law

Jay Owen Reforming Global Finance

On the eve of the 4th anniversary of President Obama signing the historic financial reform law, Better Markets released a national poll of likely 2014 voters to gauge their opinion of Wall Street, big banks and what leaders in Washington, D.C. are doing to protect them from another financial crash: What …

BETTER MARKETS: Financial Reform Newsletter – “More Wall Street settlements are coming”

Jay Owen Reforming Global Finance

As the media reports that more Wall Street settlements are coming, Better Markets continues to fight for accountability on Wall Street and at the Justice Department, urging a federal court to require DOJ to tell the American people what JPMorgan Chase did in causing the 2008 Financial Crisis: Pushing forward with …

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

Jay Owen Reforming Global Finance, Articles by Hazel Henderson

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 …

Wall Street Greed: Not Too Big for a California Jury

Jay Owen Reforming Global Finance, SRI/ESG News

Sixteen of the world’s largest banks have been caught colluding to rig global interest rates.  Why are we doing business with a corrupt global banking cartel? United States Attorney General Eric Holder has declared that the too-big-to-fail Wall Street banks are too big to prosecute.  But an outraged California jury might …

Book Review: ‘Flash Boys’ By Michael Lewis

Jay Owen Books and Reviews, Articles by Hazel Henderson

Summary How high frequency trading works against investors. Highlighting the sleuthing efforts of Brad Katsuyama to bypass the digitization of wall street. Using a financial transaction tax (FTT) to curtail hft. Flash Boys by Michael Lewis, WW Norton, New York, 2014 READ MORE HERE

Is the U.S. stock market rigged?

Jay Owen Reforming Global Finance, SRI/ESG News

Is the U.S. stock market rigged? Steve Kroft reports on a new book from Michael Lewis that reveals how some high-speed traders work the stock market to their advantage The following script is from “Rigged” which aired on March 30, 2014. Steve Kroft is the correspondent. Draggan Mihailovich, producer.  This …

REFF Wall Street, June 25-26

Jay Owen Partner Announcements and News

Event Overview REFF-wall street is the premier renewable energy financing event in the U.S. Attendees of this event include CEOs and other senior company officials, lenders, investors, investment bankers, private equity investors, venture capitalists and other top transactional professionals in renewable energy finance. The event draws an especially senior audience, …

Crowdnetic closes its seed round, Can Reg A replace the small cap IPO?, LendIt’s pre-conference cocktail are nearly sold out

Jay Owen Crowdfunding

NowStreet Wire – The Leading Resource for Crowdfinance   Crowdnetic Closes $1.6 Million in Seed Funding Signifying the investment community’s growing enthusiasm for crowdfinance, Crowdnetic, leading provider of market data solutions for the global crowdfinance industry and parent of NowStreet Wire, announced this week that it has closed a $1.6 …