The AlphaMind Podcast – 2010 Flash Crash

A young man amasses $70,000,000 in trading profits, is accused of causing one of the biggest Stock Market Crashes ever, is the subject of a major US govt investigation and a multimillion-dollar manhunt, and all from his upstairs bedroom, in his parent’s modest house, in an ordinary London suburb, without his family or friends having a…

Details

If The CFO Says He Feels ‘Fantastic,’ Sell Short

A study set to appear soon in the Journal of Accounting Research asks whether deceptive chief executives and chief financial officers give themselves away by the language they use in the course of their conference calls. David F. Larcker and Anastasia Zakolyukina, both of Stanford University, Graduate School of Business, have developed prediction models (though still rather…

Details

My Heart Bleeds For Them

If ever there were a parable about saving money and not splurging your bonus on the first car or watch that crosses your path, the sorry tale ofJPMorgan’s employee benefit trust (EBT) would seem to be it. Well over a decade since bonuses were allocated, some JPMorgan recipients are being asked to pay money back – to…

Details