04/26/10 Stockholm, Sweden – The wide range of revenue generating activities at investment banks have all been perfectly legal for so long now -– despite the many potential conflicts of interest — that it’s difficult to appreciate the SEC finally getting around to calling a spade a spade.
What’s far more surprising is what the SEC’s been up to in all of its spare time. Given their newly publicized occupational habits, one can only imagine what kind of “documents” this character pulled from his overflowing “X” file to tote around today.
Rocky Vega
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
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Very, very funny cartoon and so true. Ask any X broker.