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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: April 2020
The case against squandering scarce capital on financial gimmicks
It is cathartic to get these important statements articulated without interruption on a mainstream financial network. Rare indeed. Changes must happen if economic strength is to recover. Rewarding weakness just gets us more of the same. CNBC’s “Halftime Report” is … Continue reading
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Clean Disruption driving the Collapse of the Oil, Coal & ICE Industries
The COVID-19 shutdown is accelerating demand destruction for oil, coal and the internal combustion engine industry, but it’s not the cause of the larger trend. This update from Tony Seba reviews the technological disruption driving the larger trends. Keynote for … Continue reading
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Oil demand rebound likely to disappoint
Economic recovery hopes are likely to be thwarted by COVID-19 until there is a vaccine, and in the meantime, supply is likely to overwhelm demand in most industrial commodities and consumer goods. Central bank interventions, ETFs and extreme financial leverage … Continue reading
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