Three SEC whistleblowers say financial intermediaries are systemically concealing and pocketing mutual fund omnibus payments which 401ks and pensions are systematically cheated out of mutual fund onmnibus payments by financial intermediaries.
In dark times we look for bright spots, like remarkable people doing remarkable things. That’s what our 40 Under 40 feature, now in its 31st year, is all about.
Today, Blackstone (NYSE: BX) announced that private equity funds managed by Blackstone Energy Partners have entered into a definitive agreement to acquire Therma Holdings LLC (“Therma”), a portfolio company of Gemspring Capital.
Demand for commercial mortgage loan ratings in EMEA has grown in recent years, spurred on by Solvency II capital adequacy regulations and investor concerns over asset managers’ credit scrutiny.
Mayor George Brown wants Wilkes-Barre to join a consortium of cities and use their combined borrowing power to help shore up the city’s pension fund and realize a significant future.
Navnoor Kang was a top Wall Street money manager who enjoyed the perks of the job. One banker paid for his cocaine and bottle service during a weekend trip to Montreal.
Last week, City Comptroller Scott Stringer released his comprehensive annual financial report for the fiscal year that ended June 30 that included an estimate of the city’s liability for its employees’ pensions.