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Load MoreEventually excessive greed bites people in the ass!
kristen shaughnessy @kshaughnessy2Mars 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____________________________
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Daily Archives: May 21, 2013
Glass-Steagall reintroduced in US senate
Sometimes meaningful reform to reign in rampant self-dealing and corruption in the government and financial system can seem hopeless. And then something encouraging happens: last week on May 16, Sen. Tom Harkin (D-IO) introduced in the US Senate, S. 985 … Continue reading
TSX glimpse under the hood: sector update
With interest and rates in the basement–the zeal for yield has driven desperate capital into heinously over-bought interest sensitive equities (financials, REITs) even as the more industrial sectors (materials, miners, energy) have appropriately sold off with the slowing global economy. … Continue reading
Brown Vitter “Too big to fail Act” wins bipartisan consensus in the Senate
Senator Brown (D) articulates the rationale and provisions of the Too-Big-To-Fail Act which he co-authored with Senator Vitter (R) Here is a direct link. Where the Dodd-Frank Act falters under the weight of complexity and tinkering at the edges of … Continue reading
