Tag Archives: bankruptcy
Buffett Wannabe Tied to $2 Billion Ponzi Scheme
New York Post – Billionaire Tom Petters fancied himself the next Warren Buffett – that is until his empire starting crashing down like a house of cards. The feds accuse Petters, one of Minneapolis’ fastest rising business stars, of secretly […]
Hedge Funds Get Rattled As Investors Seek Exits
Wall Street Journal – With anxiety about hedge-fund woes gripping the market, funds have their own fear: their investors. Some investors, particularly what are known as "funds of funds," are demanding their money back and may ramp up requests in […]
