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Clawbacks at JP Morgan
JP Morgan could potentially issue clawbacks against some of the senior staff at the Chief Investment Office for their role in the recent losses on Euro corporate index CDS trading . Jim Cramer’s website thestreet.com reports that during JPM ’s Friday earnings call JPM could announce that top...
More Hedge Fund Fun
When disgraced hedge fund manager Bradley Ruderman was convicted of running a $44 million Ponzi scheme back in 2009, who could have thought that the damage would spread to the Hollywood elite? Though this is the kind of story you would sooner expect to see in the gossip columns and tabloids, I think...
Gold Man Walking
I recall the first time I saw Dead Man Walking. I can’t stand Sean Penn or Susan Sarandon. They just about stand for everything I despise. In spite of these glaring prejudices; I was moved. Penn’s character’s redemption, Sarandon’s sacrificial humility and love really is the stuff of...
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