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Points of View

Rossoff & Company’s Points of View is a forum for industry experts, leading finance professionals and senior Rossoff & Co. professionals to provide insights and commentary on current news stories, financial market themes and industry dynamics.

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MUNICH OR REYKJAVIK

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When Netanyahu spoke before Congress to denounce the deal that the Obama Administration is negotiating with Iran, he made the inevitable comparison to Munich. In September of 1938, Neville Chamberlain, Prime Minister of Great Britain, and other Western powers negotiated a deal with Adolf Hitler that gave Germany major portions of largely German-speaking Czechoslovakia in return for Hitler’s promise of peace in Europe. Chamberlain returned to Great Britain declaring that he had achieved “peace fo...
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ELIZABETH WARREN

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        Is there any doubt that Elizabeth Warren is the most interesting and exciting figure in American politics today? In the land of the bland (Mitch McConnell), the boring (John Boehner), the cranky (John McCain), the self-involved (Barak Obama), the grating (Hilary Clinton), the creepy (Ted Cruze), the weird (Rand Paul) and the bombastic (Chris Christie) she stands out. Her message is simple and straightforward – the system is rigged against the average Joe and Washingto...
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WASHINGTON AND WALL STREET - A BROMANCE

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        Two seemingly unrelated news stories, publicized in the last couple of weeks, have highlighted the symbiotic relationship between our government and our major banks. In one, it was reported that whistle blowers were paid a total of $170 million for aiding in the recovery of $16.65 billion from Bank of America in a settlement announced last August in connection with offenses related to pre-2008 mortgage financings. The Bank of America recovery figure is roughly equal t...
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NET NEUTRALITY: PART 1

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Few issues will impact the tech industry more over the next several years than the controversy over net neutrality. Simply defined, net neutrality is the regulatory requirement that internet providers must treat all internet traffic equally – like telephone calls over our telephone lines. No internet content may be given preferential treatment. President Obama came out in favor of net neutrality last summer, while the FCC, under its commissioner Tom Wheeler, has come out against it--sort of. Wha...
Tagged in: FCC Internet Politics
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What Obama Should Do Now

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When the Democrats got thrashed (my word) in the midterm elections two weeks ago, there was much speculation about how Obama would react. Now we know that he has responded mostly with defiance — choosing to challenge the Republicans by threatening to issue significant executive orders regarding immigration. But it’s early days, and he may yet modulate his tone and seek compromises. If I were asked for a presidential to-do list, laying out an agenda for his final two years in office, here is what...
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