Phrase by 'Gary Weiss'
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MF Global used to be known as Man Financial, and it had a reasonably good reputation. It did a humdrum business placing commodities trades for fund managers as well as farmers, grain dealers and others whose livelihoods depend on the vagaries of commodity prices.
Author: Gary Weiss - American JournalistGood , Man , Business , Farmers
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
Author: Gary Weiss - American JournalistHeart , Risks , Financial , Taking Risks
Mutual funds dare to be average. In fact, they dare to be lousy. They have long since ceased striving for anything resembling perfection when it comes to managing your money.
Author: Gary Weiss - American JournalistLong , Money , Perfection , Dare
Humiliating events have a way of capturing the public's imagination. So it has been since antiquity, when gladiators were pitted against each other and the legions of Spartacus were crucified in endless rows on the way to Rome.
Author: Gary Weiss - American JournalistWay , Rome , Imagination , Events
Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators.
Author: Gary Weiss - American JournalistFinancial , Abuse , Casual , Headache
Some hedge fund managers have made big bucks trading oil futures - George Soros is one.
Author: Gary Weiss - American JournalistSome , Big , Made , Oil
With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated.
Author: Gary Weiss - American JournalistBeen , Oil , Trading , Cause
Oil futures were originally created to give heating oil dealers, gas retailers, aviation companies and other businesses a method of hedging against adverse price changes. Instead, they've become just another Wall Street plaything.
Author: Gary Weiss - American JournalistPrice , Street , Oil , Changes
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders.
Author: Gary Weiss - American JournalistPeople , American , Business , Poor
Beefs against debt collectors are consistently among the top complaints received by both the FTC and state attorneys general.
Author: Gary Weiss - American JournalistAgainst , Top , General , Debt
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