So Congress may actually take on the big tax break, if you want to call it that, enjoyed by investment partnerships like private equity, venture capital and hedge funds. According to today’s NYT: At the heart of the newest proposal is an attempt to bar private equity and hedge fund operators from a longstanding, but [...]
Back in March, when the whole subprime mortgage mess was beginning to hit the headlines, derivatives consultant Janet Tavokoli said something that both interested and alarmed me. Some of the big Wall Street firms appeared to have started betting against the subprime market at the beginning of the year and successfully protected themselves from the [...]
Carol Zurcher, CPA, of Winter Park, Fla., sent me a nice e-mail about my column on the strengths of the Dutch pension system, which has generated a spectacular lack of interest from Curious Capitalist readers. Here’s what she had to say: Thank you for your article “Where Retirement Works.” A large part of my practice [...]
