published May 19th 2017, 8:32 am, by Matt Levine (Bloomberg View) —MiFID II. One thing that I like to say around here is that a lot of the financial industry is run as essentially a gift economy. Investment bankers don’t just do stuff for clients and send them the bill:

published May 4th 2017, 8:31 am (Bloomberg View) — Morgan Stanley vs. Vanguard. Morgan Stanley runs investing stores across the country, and if you walk into their investing stores you will see investments on the shelves. You’ll browse around, pick out some investments that you like, maybe ask a sales associate

published Apr 7th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) — One of the great misunderstandings about the financial crisis is the role that repealing the Glass-Steagall Act played. This is newly relevant, as there has been interest from White House economic adviser Gary Cohn in restoring the Depression-era