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Cory’s Chart Corner
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Eventually excessive greed bites people in the ass!
Mars FX Hedge Fund Goes Bankrupt.
$600 Million Missing,
Criminal Investigation, and Hedge Funds Want Even Less Oversight???
“…Tutera, 70, who was swindled in the GPB Capital fraud several years ago, has now sworn off hedge funds and private equity. “I’m really fed up with
Monthly Archives: November 2011
Three cheers for Judge Rakoff
Standing up for truth, public disclosure and the Rule of Law, now here is a novel approach from a US Federal Judge: Taking a broad swipe at the practice of allowing companies to settle securities cases without admitting that they … Continue reading
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Disenfranchised workers cannot help pull the economy forward
As many gush looney over bullish hopes for Black Friday shopping sales–as much as 226 million US shoppers were reported by some as shopping on the weekend, in a country of 125 million adults–the actual holiday sales numbers are likely … Continue reading
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Lessons on Canada’s “basket case” moment in 1994
Good perspective for all of us on how to work off a debt crisis: cut overhead, cut spending, direct earnings to pay down debt. See the story on Canada’s brush with its debt downgrade in 1994: Insight: Lessons for US [and the … Continue reading
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