At WAIN Street, our passion is “Bridging Wall Street and Main Street” – channeling the capabilities of Wall Street to solve the most pressing problems of Main Street businesses. Over the past few months, this passion has spilled over to our blog in the form of some pointed opinions about Occupy Wall Street, financial innovation, and the …
The middle market is getting a lot of love from people these days. And why shouldn’t they? They’re a roughly defined group of companies with somewhere between $10 million and $1 billion in revenue. It’s a broad range for sure, but contained in there are some of the real gems of the American economy. They’re companies …
The Occupy Wall Street movement is on the cusp right now; the evictions from Zuccotti Park and other locations around the country was the first shot across the bow indicating that convergence on a common message was imperative to the movement’s continued survival. As the country descends into campaign mode and politicians from all sides begin to …
We knew it would happen eventually; the eye sore of a tent city in Zuccotti Park and dozens of other sites around the country wouldn’t be tolerated forever. Sure enough, they are being forcibly removed by police with pepper spray and horses. Like all parties, it had to end sometime; but not like all parties, …
OWS and all its participants, supporters, and sympathizers need to band together with a clear call to action: “Challenge Wall Street.” Challenge Wall Street to take their considerable capabilities and direct them toward the Main Street businesses of America. A few thousand large corporations, for years, have benefited from high finance. Increased accesses to capital, …
"One would think that the Democratic establishment’s embrace of Occupy Wall Street would preclude these politicians from fraternizing with those whom the protesters are directing their anger toward. But that doesn’t seem to be the case." The above quote was taken out of this piece from The Weekly Standard. It perfectly illustrates a dangerous misconception that …
Mortgage backed securities (MBS), credit default swaps (CDS), and collateralized debt obligations (CDO) all sound like dirty words these days. It’s tough to argue against these sentiments given their contribution to the financial crisis. While obviously a MBS or CDS couldn’t single handedly collapse the entire system, these innovations that bundled and redirected risks provided …
From CNN Money: Why Occupy Wall Street Isn’t About a List of Demands This CNN Money article argues that lacking focus is not a problem for ‘Occupy Wall Street’ because it’s primary goal is to get attention. While this is somewhat true, an opportunity is being squandered by lacking a message: The protests have been effective …
Dam Wall Street: Making Wall Street work for Main Street Read More »
Have you ever gotten pissed at your car for not starting when you were running late for a meeting? Or maybe it was your coffee maker for brewing a room temperature pot? When they don’t do what they’re supposed to, even inanimate machines will incite emotions like anger, rage, or contempt; things that are usually …
