Wall Street On Parade

1 week ago | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: April 13, 2025 ~ U.S. President Donald Trump’s reputation for chaos; his longstanding history of thumbing his nose at the rule of law; his unpresidential insults directed at world leaders and willingness to turn his back on longstanding U.S. allies; and his packing of top cabinet posts with preposterously unqualified loyalists – have now delivered the inevitable blow to two of America’s most critical financial assets in domestic and international markets: the...

2 weeks ago | wallstreetonparade.com | Pam Martens

By Pam Martens and Russ Martens: April 6, 2025 ~On Wednesday, President Donald Trump unveiled his sweeping tariff plan. By Thursday, Wall Street was stampeding to the exit doors, leaving the Dow Jones Industrial Average down 1,679.39 points by the closing bell.

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.

1 month 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.