Several weeks back, Michael Douglas appeared in a public service announcement shot by the FBI, in which he tells people that while they may have been taken by his character in Wall Street, that it’s important to remember that that was just a movie and in real life, insider trading is wrong and everyone must be vigilant to report any wrongdoing they observe on the job, especially after the shit we went through in ’08. Next up among actors who think roles they portrayed on the big screen contributed to the financial crisis is Richard Gere. Glamorizing being a corporate raider who made enough money to buy a hooker is his personal cross to bear. Read more »
movies
Was The Financial Crisis Caused By A Fictional Hooker-Loving Master Of The Universe? At Least One Guy Thinks Maybe
By Bess Levin
At least one person- the casting director on her latest movie- seems to think so. (Bonus follow-up: without knowing their strategies, who would you feel more comfortable putting your money with- fake hedge fund manager SJP or fake horse-breeder-turned-hedge-fund-manager Arnold Schwarzenegger?)
If you watched the HBO version of Andrew Ross Sorkin’s book last week, what kind of tears did you shed while watching? Read more »
Earlier this morning, Raj Rajaratnam was found guilty on 9 counts on insider trading and 5 counts of conspiracy. He is probably not in the best of moods right now, as he may be going away to a place that doesn’t give you extra mayo on the side of your tuna sandwich, for nearly 20 years. But there is some good news, which is that someone will most likely make a movie about this whole thing. To give producers a jump start, we will start the casting process now. Read more »
Would Arnold Schwarzenegger Make A Convincing Kentucky Derby-Winning Horse Breeder Turned Hedge Fund Trader?
By Bess LevinWe’ll soon find out because a movie involving all that and more (depression, Mexico, murder) is actually being produced. Read more »
Who’s Got One “I Heart Ayn Rand” Neck Tattoo And A Good Chance Of Being Dragged Out Of The Theater Pee Wee Herman Style Tonight?
By Bess LevinGive you two guesses but you’ll only need one. Read more »
The following post is by Dealbreaker reader and commenter Infinite Guest.
“Margin Call” is not “Wall Street,” “Boiler Room,” or “Glengarry Glen Ross.” It’s not trying to be any of those. There are no fistfights, car chases or explosions. There are no dick jokes. Strippers, hookers and blow are alluded to, but remain off-screen. Despite the short time line and urgency of the situation, nobody races against a literal ticking clock. And the kind of person who hates “Star Wars” because sound doesn’t travel in a vacuum or who gave up on “Full Metal Jacket” when Pyle somehow managed to get a loaded gun off the range will not be able to sit through “Margin Call:” it requires some suspension of disbelief.
On the other hand, if you want to spend two hours reliving the feelings of despair and helplessness from 2008, this might just be your movie. Read more »
The past few years have been an interesting time for Goldman Sachs. They’ve never lost “it” and in fact have only grown stronger, yet the public seems to have thought otherwise. It got to the point where GS employees were told point blank not to mention the firm’s name in public, and you’d be hard pressed find someone using the phrase “I work at Goldman Sachs” as a means to impress people or get laid. It was like bizarro universe; what’s up was down, what’s down was up and it was a confusing, scary time. But today, we’re happy to report that the universe once again make sense, according to Hollywood, which knows all. Read more »
He’ll be giving it his best shot in “Arbitrage,” in which he plays an “evil” investor “desperate to sell his firm to a major bank before his fraud can be uncovered” (in a role that originally went to Al Pacino). On cautiously optimistic side, he probably couldn’t do any worse than all of the characters in Wall Street 2: Money Never Sleeps combined. OR COULD HE? [FINalternatives]
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker -
You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
-
Posted in:
Sponsored Content
SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
-
Posted in:
