U.S. Banking Regulator Warns of a Credit Bubble Fueled by “Alternative Asset...
This isn’t the first time in recent months we have heard serious warnings of a new and potentially quite dangerous credit bubble. Recall back in September, when Blackstone’s head of private equity...
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New Jersey’s Debt is Downgraded by Fitch as Chris Christie Funnels Pension...
David Sirota must be commended for his incredible work this year exposing the insidious relationship between public pension funds and “alternative asset managers,” namely private equity firms and hedge...
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Another Pension Scandal – The Crony Love Affair Between North Carolina,...
In North Carolina, managing the retirement savings of teachers, police officers, firefighters and other public employees is big business. As the sole fiduciary of the state’s $90 billion pension fund,...
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Additional Details Emerge on How Hedge Funds and Private Equity Firms Loot...
Despite the at times disconcertingly polite tone, the SEC has now announced that more than 50 percent of private equity firms it has audited have engaged in serious infractions of securities laws....
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