James McCallum posts an interesting blog entry that claims links between Stanford and South American money laundering cartels, and details what it would mean for tax payers. From the article: The allegations that surfaced suggesting that Sanford (sic) Financial may be linked to money laundering for Latin American drug cartels through The Bank of Antigua and related banking enterprises in [...]

Early yesterday on the news of Arthur Nadel’s disappearance, I searched our database to ensure that none of his funds were listed on our database. The funds in question are: Valhalla Investment Partners, LP Viking Fund, LLC Viking IRA Fund, LLC (source) These funds were added to our database in 2005, but quickly removed after doubts to their credibility – [...]

Michael Lewis and David Einhorn recently wrote a two part Op-Ed article in the NY Times titled “The End of the Financial World as We Know It” and “How to Repair a Broken Financial World.” In it they discuss the precarious position of the status of US financial markets as the bastion of high financial thinking in the global economy [...]