Back in February I described asset protection as the legal techniques that protect your wealth from creditors and predators. Here’s what I wrote: Is asset protection some kind of euphemism for stiffing banks? No way. It’s more about planning before you borrow...
Ike Devji will guest on Acrimoney later this week. He’s put together a white paper on asset protection that is a must-read for investors. Here a quick idea of what’s in store: Common Fatal Flaws of Asset Protection Planning FAILING TO ACT THINKING...
Revolving door: Capitol Hill to hedge funds Check out today’s post on Politico. The author asserts that financial reform is uneven, that pending Congressional legislation has modest impact on hedge funds. Wall Street has taken its lumps in Washington recently...
I’ve been extremely critical of Goldman Sachs. The bonuses, funded by taxpayer bailouts, teed me off. And back on January 2, I asked, What does $22 billion in Goldman bonuses buy? Now, I have a different concern: Is the prosecution of Goldman Sachs going too...
In the Senate chamber yesterday, our elected officials grilled reps from Goldman Sachs. The Senators illustrated, I think, the outrage felt by Americans over bailout dollars that turned into banker bonuses. Even if—Senator Carl Levin (D-Michigan) trash-talked...
Is paranoia necessary to survive on Wall Street? In one sense, Goldman Sachs is no different from other investment banks. Junior employees are expendable. Like goldfish, investment banks eat their young when brand-protection and self-interest make cannibalism seem...
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.