Hedge Fund Comeuppance: Firms Hunker Down, Start to Cut Fees as Investors Wise Up and Withdraw Money
Years late, investors are finally waking up to the fact that hedge funds overpromise, overcharge, and underdeliver.
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.
Read more...Hedge funds are having a major comeuppance. Couldn’t happen to a nicer bunch.
Read more...Hedge funds are finally getting a long overdue comeuppance.
Read more...The Boston Globe is fighting the MBTA pension fund to obtain records about an investment gone bad recommended by a former insider.
Read more...North Carolina takes a big step backwards by allowing its sole state pension trustee take jobs that create glaring conflicts of interest.
Read more...Big money investors are finally starting to embrace hedge fund clones. But why did it take so long?
Read more...A study by Johns Hopkins Bloomberg School of Public Health and The Lancet has effectively pronounced the war on drugs to be a failure.
Read more...Hamptons real estate is soft at the high end. A portent for the financial health of the super rich?
Read more...Repeat after me: hedge funds produce little to no alpha, and contrary to what the Financial Times would have you believe, investors have known that for quite a while.
Read more...Argentina’s vultures keep pressing for higher and higher settlement terms, while giving the impression that at some point they would settle. What is the end game?
Read more...How the 0.1% are using philanthropy as a Trojan Horse for social engineering.
Read more...A vignette of how pensioners are being shafted by being denied their COLA, or cost of living increase. In New Jersey, this looks to be a transfer to Wall Street.
Read more...Even though the struggle over Greece’s bailout has receded from the news, with many countries carrying large debt burdens, the need to restructure sovereign debts is not going away. This Real News Network segment gives an overview of the state of play.
Read more...An internationally recognized tax expert told me a few months ago that the widely-mislabeled “carried interest” loophole was on its deathbed. A new PBS video lends some support to this bold call.
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