SEC Grounds Start-Up Hedge Fund
It’s never a good idea to lie to investors about what your hedge fund does and where their capital will be going, but it’s an especially poor idea to fib to investors when they’re still in the “prospective” stage
Home » August 31st, 2011
Entries posted on “August, 2011”
Peabody’s Persistence Pays Off
“If at first you don’t succeed, try, try again” is a phrase that was popularized during the 19th century. But its value remains evident in the business world of the 21st century.
Stocks Trampled in Global Stampede to Safety
Investors ditched equities for Treasuries in a big way after the debt ceiling was announced, and now it looks like a broader flight to “safety” is making August a bad one for equity investing.
Accounting Questions, Market Timing Delay Zynga IPO
A sign of the times? Mere overreaction? Either way, news that Zynga, the company behind popular online games such as FarmVille and CityVille, might delay its initial public offering had Silicon Valley and the press abuzz on Monday.
Bloody August for Hedge Funds
Barring a last-minute, epic bull move, the eighth month of 2011 is going down as one of the worst months for hedge funds in any year.
Bulldozers, Gambling among Foreclosure Solutions
As the economy continues to smother home buyers and builders alike, the struggle for solutions to the problems of foreclosed properties and distressed homeowners is leading to some strange ideas.
Top 10 Gold Nuggets
Gold’s performance last week was less-than-impressive. But the reality is, the yellow metal is still one of the most popular kids at the financial markets party. Here’s 10 fun and illuminating facts about gold.
Graphic Evidence: Miller Petroleum Flies on Filing Fiasco
Shares of Miller Petroleum (MILL) rose 60.79% on unusually high volume Monday, when the company announced the end of problems that arose when management accidentally filed a Form 10-K prematurely at the end of July.
Friday Flash: Weekend at Bernanke’s Edition
Markets reacted with mild relief Friday when Federal Reserve Chairman Ben Bernanke confirmed suspicions that he would have little of import to say.
Madoff University?
Going to prison has been a learning experience for convicted fraudster Bernie Madoff. It’s been so enlightening, in fact, that he now aspires to shower his wisdom on the great unwashed by teaching a class sponsored by Harvard.
