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The Kids Go International PDF Print E-mail


A few weeks ago I interviewed with TVO's The Agenda, hosted by Piya Chattopadhyay. The session turned out to be the most provocative conversation about Wall Street this year. The interview went so well that The Agenda scheduled a google hangout with the kids from the Shock Exchange. They will spend five to ten minutes discussing their experience with the team and their stock-picking prowess. This is great exposure for the kids - who the program was all about anyway. How exciting!

Amare Stoudemire: "Knicks Best Team in The League 'On Paper'" PDF Print E-mail

SE has a chance "on paper"
On Paper, The Shock Exchange Could Date Jayne Kennedy, but ... uh

After an early playoff exit last season, the Knicks were poised to make a deep playoff run this year. With the Big 3 of Tyson Chandler, Amare and Carmelo Anthony, New York appeared to have the formula to take the cake. However, the hapless Knicks finished nine games below 0.500 and one game back of the Atlanta Hawks for the 8th playoff spot. And with Amare' injury-riddled and Melo seeking free agency next year, things are not looking up. Amare recently took to Twitter to exclaim that "on paper", the Knicks may have the best team in the league. This reminds the Shock Exchange that on paper, he was in the best position to date Jayne Kennedy in her prime, but ... er ... 

Ras Baraka Brings That "Black Fire" for Harlem Fundraiser PDF Print E-mail
It was hot all up in Harlem
Newark mayoral candidate, Ras Baraka, was in Harlem last week to raise money for his campaign and connect with friends and family in the New York area. Of course the Shock Exchange was there. The Baraka name connotes royalty amongst African Americans so we are naturally drawn to whatever Ras is doing. I also worked in Newark, NJ for a number of years; I feel a kindred spirit with the residents there and appreciate Ras' vision and his efforts. I was at a memorial for his father, Amiri Baraka , a few months ago. It was a festive event with well-known poets, statesmen and entertainers. Ras spoke last and I was taken with his poise, his presence and his ability to move the crowd. He ended with a spoken word piece called Black Fire ... Black Fire which set Harlem ablaze. I don't have any black fire, but with Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead, I do have that 110 degrees in the shade.

Eric Holder Claps Back at The Shock Exchange PDF Print E-mail

ImageTo describe Attorney General Eric Holder as "embattled" would be an understatement. The public as well as Judge Jed Rakoff has looked askance on the DOJ and Eric Holder's record of prosecuting high level executives amid the financial crisis. Ralph Baker's (author of Shock Exchange) opinion article in crystallized the three areas the DOJ has been found wanting. Within a week of the opinion article being published, Eric Holder clapped back.

Video: Andre Iguodala Makes Quincy Miller Do The "Pacquiao" PDF Print E-mail
Andre Iguodala put Denver's Quincy Miller on skates and them made him do the "Manny Pacquiao" - fall face first into the dirt. Hilarious! 
Video: Shock Exchange Official NYC Book Signing PDF Print E-mail

"Shock Exchange" official NYC book signing took place in February 2014 with friends, family and supporters of the New York Shock Exchange over the years. Arguably the best book on Wall Street in the past 20 years, Shock Exchange is available in Barnes & Noble bookstores in the NYC, Washington, DC and Richmond, VA and on and

Rex Chapman Announces Like I Pick Up Women PDF Print E-mail

He's Awful, But He Does it With Supreme Confidence

If you live in the NYC then you are well aware of my success with women. I have had at least four women tell me never to contact them again and one threatened to call the authorities. Not the cops, but the "authorities." And as bad as as my ability to pick up women is, Rex Chapman's announcing skills are even worse. Chapman was the commentator for the Kentucky v. Wisconsin Final Four game and he practially sent Twitter into a tizzy. First of all, he overtalked. Then he was an abashed Kentucky homer, singing "My Ol' Kentucky Home" after the Wildcat went on an unanswered run. 

Ralph Baker at Brooklyn Public Library, April 5th at 11:30am PDF Print E-mail

ImageRalph Baker, author of Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead, will be the keynote speaker at the Brooklyn Public Library's annual Financial Fair. The fair will take place from 11:30am - 4pm at the Central Library at 10 Grand Army Plaza. The fair will provide information on everything from financial literacy to finding money for college to boosting your credit score. This should be exciting! Shock Exchange is available at, and It is also sold through Barnes & Noble bookstores in Farmville, VA, Richmond, VA, Washington, DC and New York City.


Video: Ralph Baker, Lydia Peale Discuss "Shock Exchange" PDF Print E-mail

Mr. Baker caught up with Lydia Peale, his high school english teacher, at the Viriginia Festival of the Book. He participated on a panel pursuant to the state of the U.S. economy and Mrs. Peale who helped edit the book, stopped by to talk shop with her favorite student.  


60 Minutes / Michael Lewis 2nd Most Provocative Conversation About Wall St PDF Print E-mail

The Agenda's Piya Chattopadhyay
Michael Lewis' much-anticipated Flash Boys, which describes how high frequency traders rig the market in their favor, was released this week and it did not disappoint. Lewis discussed the book on "60 Minutes" ( ) and he says explicitly that the market is rigged by a combination of the stock exchanges, HFTs, and the big wall street banks. HFTs in particular, find large blocks of trades for a stock, buy the stock in advance and take advantage of the higher price ("front running"). Front running may not be illegal, but it's definitely unethical. The 60 Minutes interview is the talk of Wall Street; however, the most provocative interview about Wall Street this week actually took place in Canada.

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