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CROOK ALERT!! --SALANDER-O'REILLY GALLERY CHARGED IN $88 MILLION PONZI SCHEME
Lawrence Salander The New York Times reported March 26 that Lawrence Salander, noted East Side NYC art dealer, has been indicted in an $88 million Ponzi fraud involving investors and art collectors who...
8 commentsCROOK ALERT!! MUTUAL FUND CONFLICTS AND CROOKED PRACTICES
SEC Seeks to Ban Flash Trading Because it Gives an Unfair Edge to Wall Street Banksters The Securities and Exchange Commission will seek to stop a trading technique that enables some large banks and hedge...
2 commentsWhat Bernie Made-off With
Madoff Surprised the Nobody Caught On to His Scheme Nobody was more surprised that the Securities and Exchange Commission did not discover Bernard L. Madoffs enormous Ponzi scheme years ago than Mr. Madoff...
8 commentsWHAT NOW? TIPS FROM FROM THE EXPERTS
Have you been gored by Wall Street bull?"Fool's Gold" and "Dumb Money" Michiko Katutani reviews two books on the financial meltdown: "Fool's Gold" by Gillian Tett and "Dumb Money" by Daniel Gross. Read these...
22 commentsA Good Way to Invest Internationally
Here's a diversified portfolio for international (outside the U.S.) investments for your consideration: 1. Sector Diversification (% of equity exposure) 9.0 % consumer discretionary 7.6 ...
3 commentsPersistent Fear Drives Stocks Down Sharply NYTimes 8-29-07
The stock market plunged late in the afternoon yesterday, registering its biggest drop in three weeks as investors were hit by fresh worries over declining consumer confidence, falling house prices, shrinking...
1 commentHow Safe is Your Money Fund?
State regulators in Massachusetts have accused top executives of the Reserve Fund of lying to shareholders about the safety of their investments hours before the firm’s largest money fund disclosed that...
4 commentsStraws in the Wind 11-8-07
Foreboding Headlines this morning: Markets and Dollar Sink As U.S. Slowdown Grows; Homeowners Feel the Pinch of Lost Equity; Dow Falls 360--Oil is Pushing Gas Prices; House of Representatives Backs Broad...
0 commentsHedge Funds a good deal?
More than 180 Hedge Funds Liquidated in the Second Quarter Donna Kardon reports in the Wall Street Journal 9-19-08 that More than 180 hedge funds were liquidated in the second quarter amid volitile...
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