Wall Street On Parade

1 month ago | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: March 24, 2025 ~ The New York Times’ Sunday, March 23 newspaper featured a lead story on how the 1,000-lawyer Big Law firm of Paul, Weiss, Rifkind, Wharton & Garrison, a Wall Street favorite, had caved to threats in a Presidential Action from Donald Trump, which would have banned lawyers at the firm from entering federal buildings; from reviewing classified documents for their clients by stripping them of security clearance; and effectively blacklisting the...

1 month ago | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: March 19, 2025 ~On February 10, President Donald Trump issued an Executive Order that suspended the Foreign Corrupt Practices Act (FCPA) for 180 days, giving an all clear to U.S. corporations to bribe officials in foreign countries to get business deals approved. The order bars federal prosecutors from starting any new FCPA investigations, enforcing new actions and orders a review of existing FCPA investigations to “restore proper bounds” on applying the FCPA law.

2 months ago | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: February 28, 2025 ~On June 29, 2010 when the electric vehicle company, Tesla, launched its Initial Public Offering (IPO) on the Nasdaq Stock Market, its underwriters were trading powerhouses on Wall Street: Goldman, Sachs & Co., Morgan Stanley, JPMorgan, and Deutsche Bank Securities. Over the next dozen years, Tesla would utilize these investment banks and others to raise billions more in secondary stock offerings of Tesla shares. It was a very happy marriage.

Feb 7, 2025 | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: February 7, 2025 ~Senator Richard Blumenthal (D-CT) is more alert to the threat of fascism than most Americans. His father fled Nazi Germany at age 18. Blumenthal also knows exponentially more than the average American about the threat of criminal conspiracies to national security: He’s a Yale Law grad and previously worked as the top federal prosecutor in Connecticut as its U.S. Attorney in the Department of Justice.

Jan 29, 2025 | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: January 29, 2025 ~We’ll get to Google’s AI Search model shortly, but first some necessary background. Like many of you, we spent a good part of our day yesterday reading up on DeepSeek, a Chinese startup that purports to have built an AI model that rivals U.S. industry leaders like OpenAI and Google – for a mere fraction of the cost.