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Friday, October 21, 2011

Nassim Taleb: The Bank Business Model Is A Compensation Scheme And Nothing Else


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October 21, 2011
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Nassim Taleb: The Bank Business Model Is A Compensation Scheme And Nothing Else Nassim Taleb: The Bank Business Model Is A Compensation Scheme And Nothing Else

He says we need to fix the bank bonus problem.

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Meet The Brainy Beauty Hedge Fund Manager/Doctor Whose Fund Is Up 6% YTD Meet The Brainy Beauty Hedge Fund Manager/Doctor Whose Fund Is Up 6% YTD
She's on Fortune's "40 Under 40: Ones To Watch" list.  Read »
GASPARINO: Occupy Wall Streeters Are 'More Pleasant Than The Morons On Wall Street I Deal With' GASPARINO: Occupy Wall Streeters Are 'More Pleasant Than The Morons On Wall Street I Deal With'
He still thinks they're a bunch of Marxist kids though.  Read »
Guess Which Jersey Shore Cast Member Supports Occupy Wall Street Guess Which Jersey Shore Cast Member Supports Occupy Wall Street
I'm registered as an Independent. I did vote for Obama ... but now, I'm part of Occupy Wall Street, eff the government ... I'm part of the 99% right now.  Read »
UPDATE: SAC Capital Says It Is Not Being Investigated By Any Regulatory Authority Over Cougar Trades
Insider trading-gate might be about to take down its Moby Dick -- or not.  Read »
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John Paulson Might Be At Risk For Obesity, Memory Loss, And Relationship Stress John Paulson Might Be At Risk For Obesity, Memory Loss, And Relationship Stress
Some new comments shed some light on what kind of year he's having.  Read »
Is This Smart? Investor Tells WSJ: 'If I Knew Something, I Would Have Had A Much Bigger Position.' Is This Smart? Investor Tells WSJ: 'If I Knew Something, I Would Have Had A Much Bigger Position.'
Meet J. Goldman's Rodney Nathan.  Read »
Harvard MBA With An MIT Economics Degree Describes Ordeal Of Just Getting A Hedge Fund Internship Harvard MBA With An MIT Economics Degree Describes Ordeal Of Just Getting A Hedge Fund Internship
Some advice on how it could be done better.  Read »
The SEC's Cougar Probe Also Involves Stanley Druckenmiller And Raj Rajaratnam According To WSJ The SEC's Cougar Probe Also Involves Stanley Druckenmiller And Raj Rajaratnam According To WSJ
This might explain that Fantasy Football wiretap we never heard.  Read »
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