My first employer on Wall Street was the world’s largest pension fund; my second, the fastest growing hedge fund. When I was at the first and interviewing for the second, I had this idea that the best hedge fund were investing on some higher plane, with qualitatively different instruments and strategies put to [...]
:: Thursday, March 18, 2010
A year long probe by Senate Permanent Subcommittee on Investigations which relied on internal bank documents and emails has found that some of the nation’s biggest investment banks and brokerage firms including Morgan Stanley, Citigroup, Lehman Brothers, and Merrill Lynch & Co marketed allegedly abusive transactions that helped foreign hedge fund investments avoid withholding taxes [...]
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