Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
Electronic material that Infowars host Alex Jones turned over to families of Sandy Hook Elementary School shooting victims who are suing him contained images of child...Politicsread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
Eleven banks that lend to shipping lines announced Monday that climate impact will be integrated into the criteria that determines how much shipping companies can borrow, an...Transportationread more
Florida businessman Barry Honig agreed to a proposed judgment with the SEC in a case it called "classic pump-and-dump schemes," according to Monday filings.Crimeread more
"The recent Iranian attacks validate the reliable, credible intelligence we have received on hostile behavior by Iranian forces," Shanahan says.Politicsread more
"They're fun. They're companies you know or can learn about," he said, "and you can happily buy them into weakness if you've done the homework and you believe in their...Mad Money with Jim Cramerread more
"The idea that you can put it in dog food and it's going to calm your dog ... I think that's pretty hokey," former FDA chief Scott Gottlieb says.Health and Scienceread more
The hit show "Mad Men" may be about the advertising industry but it has the feel of a Wall Street work environment — drinking with clients, high-stress deadlines and backstabbing.
So who's the Don Draper of Wall Street? If we were doing the Wall Street version of "Mad Men," here's who I would cast.
Hedge-fund manager Dan Loeb would be a great Don Draper — he's handsome, well-dressed, savvy and sometimes mysterious. He isn't afraid to criticize executives of companies that he feels aren't being creative or adding shareholder value. Draper isn't afraid to criticize executives of companies he feels are depressing his creativity. Both of them have roots to California and I just hope that unlike, Don Draper, Dan Loeb didn't go AWOL from the army and his real name is Dick Whitman.
Brad Katsuyama is the co-founder of the IEX trading platform and one of the stars of the Michael Lewis book "Flash Boys." Peggy Olson was the first woman to be promoted to copywriter. Both are young and used their quick mind and creativity to get ahead. Katsuyama thinks high-frequency trading practices are unfair and sought to fight dark pools. Olson thinks high-frequency sexist hiring practices are unfair and helped fight those dorks and tools.
Roger Sterling is the handsome, arrogant and charismatic silver fox of "Mad Men." Despite losing control with alcohol and chain smoking, he doesn't change and everything seems to work for him. He has survived a heart attack and multiple divorces but always escapes personally unscathed. Jamie Dimon is the handsome, slightly arrogant and charismatic silver fox CEO of JPMorgan. Despite losing power struggles and smoking out the Basel hypocrites, he doesn't change and everything seems to work out for him. He has survived throat cancer, the credit crisis and multiple billion-dollar losses but always escapes personally unscathed.
Jim Cutler is the CEO of ad agency Cutler, Gleason and Chaough and the rival of Roger Sterling — much like Goldman Sachs CEO Lloyd Blankfein and Jamie Dimon are rival bank CEOs. Blankfein, like Cutler, is disliked by some but has had tremendous success.
Peter Campbell is slippery character who is always unsatisfied. He is a blowhard who constantly embellishes his worth and accomplishments. Like Trump, despite all his flaws, he is a character that you somehow like because he's so unapologetically himself. And Campbell, like Trump, is also losing his hair. I think Campbell should go full Trump and sport that signature combover. This would solidify his standing as the next "Celebrity Apprentice."
Betty Draper is the "ice queen" ex-wife of Don Draper and current wife of politician Henry Francis. Despite appearing as a wholesome homemaker, she can be totally vindictive. She has a strained relationship with everyone including her family and kids. If you cross her, she can make your life a nightmare. Martha Stewart made her fortune as a wholesome homemaker but is known to be pretty icy herself. Just look up what she's said about Gwyneth Paltrow and Blake Lively. Martha Stewart's daughter wrote in her book, "I grew up with a glue gun to my head." I am afraid to write anything more about her.
Bert Cooper was one of the original founders of Sterling Cooper and a crafty gentleman known for his bow ties. Famed investor Jim Rogers is also a crafty gentleman known for his bow ties. Their similarities go all the way to their love for Asia — Rogers lives in Singapore and Cooper loved Japanese art.
Danielle Chiesi is a former beauty queen who used her sexiness to build relationships at male-dominated tech companies. The 5'8 " voluptuous blonde would flirt with tech executives to get non-public information, and parlayed that into big profits. Her downfall came as she pleaded guilty in the insider-information case against former Galleon chief Raj Rajaratnam. Joan Holloway is the queen bee of the office secretaries who used her sexiness to build relationships at male-dominated Madison Avenue ad agencies. The 5'8" voluptuous redhead wasn't afraid to use this to her advantage. Holloway got the head of Jaguar to sleep with her in exchange for his business and parlayed that into a partnership. Unlike Chiesi, she hasn't met her downfall yet.
Commentary by Raj Malhotra (Raj Mahal is his stage name), a former Wall Street trader-turned-stand-up-comedian. He has worked at Wall Street firms covering three continents, including at Bank of America, BNP Paribas and Nomura. He draws from his unique ethnic background and Wall Street career to entertain audiences nightly, highlighting the struggles of the 1 percent. He can be seen at Gotham Comedy Club, Broadway Comedy Club, NY Comedy Club, Greenwich Village Comedy Club, and the Tribeca Comedy Lounge. Follow him on Twitter @RajMahalTweets.