Business wasn’t exactly booming for big-time money managers before FBI agents started knocking at the doors of hedge-fund offices right before Thanksgiving. Since early 2009, investors have pulled $90 billion out of mutual funds, and new regulatory scrutiny may very well prompt more people to take their money back from mutual funds, Bloomberg Read More
An important warning, courtesy John Kinnucan, tech consultant to Wall Street firms: Now that the authorities are reaching a key stage in a three-year, across-the-board investigation into insider trading, a glass of wine on the front porch just got a lot less calmly contemplative for high-powered financiers and their consultants:
John Kinnucan says he Read More
A close reader of Pataki Administration press releases emails over a striking similarity between the two sets of condolences sent out today, one for civil rights figure Rosa Parks and the other for New York Giants owner Wellington Mara.
The messages conclude:
“The thoughts and prayers of all New Yorkers are with the Parks family, Read More
