Even supposedly oh-so-savvy endowments can’t eke superior performance out of private equity and hedge funds any more.
Read more...The costs of looting by the financial services industry are even more staggering than you probably imagined.
Read more...As strange as it may seem, eight Senators ganging up on the SEC over yet another private equity lapse is a sign of a change in the zeitgeist.
Read more...Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.
Read more...Yves here. This post corrects some of the misleading accounts of the history of the Puerto Rico’s debt crisis and describes how the neoliberal remedy is producing an Ireland-style exodus of the young. By José A. Laguarta Ramírez. Originally published at Triple Crisis At least 23 of the 49 people killed in the mass shooting […]
Read more...A list of Congressional Democrats on the Wall Street meal ticket.
Read more...Kentucky is now practicing pension fund governance at the barrel of a gun.
Read more...HR 5424, intended to make life even easier for potential securities law abusers, got considerable support from Democrats on the Financial Services Committee.
Read more...The hedge fund industry has been bloodied but is far from bowed.
Read more...McKinsey’s heretofore secret in-house investment unit has troubling conflicts of interest.
Read more...Believe it or not, a case study on major approaches to investing that is both informative and fun to read.
Read more...Australia is in the grip of the greatest economic scab grab of my lifetime
Read more...Hedge funds are trying to sell a (sort of) new idea, that of permanent capital. But why on earth would anyone in their right mind buy it?
Read more...Years late, investors are finally waking up to the fact that hedge funds overpromise, overcharge, and underdeliver.
Read more...Who says Democrats and Wall Street don’t get along? Hedge funds promote a war on teachers’ unions to boost school privatizations.
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