Ending carried interest is ‘nothing short of a massive tax increase that would damage the economy’ and private investment.
Where are they going?
‘These bonds have become so popular because they are considered uncorrelated with other assets’
With low interest rates buying guns may be a better investment option – Plus they are more fun than a mutual fund
The economy can’t hurt them
Falling prices mean great opportunity but be careful
In an effort to collect tax revenue in ever new and creative way, Congress passed the Foreign Account Tax Compliance Act (FATCA), requiring that all American dollars invested overseas pay a 30 percent tax penalty, creating an “bureaucratic nightmare for fund managers,” according to the Economist. On top of this added tax burden, foreign financial […]
A bill that is currently winding its way through the state legislature could create tens of thousands of jobs in Ohio.
Jobs in peril as U.S. startups decline - Washington Times
Amid plans for the New York Stock Exchange to merge with Deutsche Borse, many complain the abandonment of small businesses
China lags far behind its Asian and European competitors in direct investment in the U.S.
In spite of the bailout, Wall Street’s biggest banks will complete their best two years in investment banking and trading
An elite Wall Street society gathers to protect the interests of big banks in the vast market for derivatives
Tax cuts may spur economy, limit need to extend Fed purchases
Wells Fargo settles over their swooping in to snatch up Wachovia from underneath Citigroup in 2008
Federal authorities are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars
MGM files for bankruptcy protection after creditors strike deal with Carl Icahn
AIG raises $37 billion from Alico sale, IPO
Barney Trouble - TheDC
After a series of difficult moments on the campaign trail, Rep. Barney Frank is scrambling for campaign cash, contributing $200,000 of his own money
Gone in a flash - TheDC
The life savings of millions of Americans could disappear in an instant and the SEC has no idea what to do about it