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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: May 2015
Financial suicide: enriching and protecting felons
It is quite simple: punish actors not faceless corporations and follow the chain of command up to the highest paid executives and their legal and accounting advisers. We did this following financial fraud epidemics in the 1930’s, 1980’s and to … Continue reading
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Schools keeping up affluent appearances with mounting debt
It’s not just students and parents and grandparents who are drowning in debt today. Schools are too. In the credit boom, schools have become focused on promoting lifestyle and affluent appearances more than quality education. Showy things like state of … Continue reading
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New report highlights the plight of insolvent seniors
Debt is the plague that ills us in every age group today. A special thanks is owed to the bankers for all their financial ‘innovation’. A new report confirms that unlike their parents, Canadian seniors are increasingly carrying debt and … Continue reading
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