Fiduciary in thought and action

EVERY mortgage borrower was misled as 1) banks hid trillions of MBS investments, 2) banks' ILC's fueled the housing bubble, 3) so-called financial crisis and 4) bailout. Now, certain banks refuse to lend; only after massive bonuses from leveraged proprietary trades on US Taxpayers, global creditors of US Treasury. What did full faith and credit cost to build? Think America! Not new, just prudence. And we pay for this? © Just attribute to "McFid, BFD expert since 2003."

Wednesday, September 26, 2012

Hail Mary Pass now a Golden snatch? Or 1 obvious + 2 not so obvious = 3 uncalled penalties and the risks of framing…

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Many who watched the now infamous Monday Night Football interception which two on-the-spot refs ruled inapposite; one interception and the o...
Thursday, August 2, 2012

Time is money, but not at Facebook

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Time is on my side, my side...those are the lyrics in a song; it seems these lyrics were the sine qua non for the executives at Facebook. Sa...
Thursday, July 26, 2012

Libor's Deep Throat cries boo who? ~2008

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The unfolding Libor rate setting scandal sets up a logic test. The NY Fed (somehow) became aware of issues framed in today's Senate Bank...
Tuesday, May 22, 2012

Facebook IPO compared to tagline - "a more open, TRANSPARENT and connected world?"

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Last Friday, 5/18 will I believe become known as "Facebook Friday" for several reasons. Today, The Daily Beast reports that cert...
Wednesday, March 21, 2012

Leverage a/k/a assets owned (by certain banks) but not paid for...a $16T case of leverage

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McLean, in today's Reuters, takes up the issue of whether the infamous, few have ever heard of 2004 SEC CSE program's voluntary-adop...
Friday, January 27, 2012

Shhhhhhhh....please be quiet, I'm trying to play capitalism...

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This piece is an invitation for anyone else to document, contribute or just write about their own personal experiences as to how the financi...
Wednesday, January 18, 2012

Volcker Rule, Proprietary Trading and...

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concerns expressed by some, mostly those whose bonuses, options and or compensation depend(ed) on it or their political sock puppets, over t...
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About Me

fiduciaryexpert
McFid, BFD expert since 2003...who benefits the most from the transaction? BFD means breach of fiduciary duty
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