Oh boy, these kinds of headlines are never good. Two former Bear Stearns portfolio managers were arrested this week, not because they did a poor job of managing money. They were arrested because they misled investors in a few ways: They told investors they personally had more money than they actually had in the fund [...]
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Investment Advisor in Bloomfield Hills, MI Cyrus Kashef
Lehman: Going Private?
July 17, 2008In the coming months and years, you will hear more publicly traded companies than ever before discussing the idea of GOING PRIVATE. Even with the mortgage mess, there is STILL access to capital. Management often gets fed up trying to build long term businesses and gain market share on a long term basis, while struggling [...]