Tag Archives: capital-gains
Growing Your Own Hedge Fund
istockAnalyst.com – I’ve always been a fan of what are now called "alternative investments" and never really cared as much for "generic index style equities", although I have owned them of course. Property, commodities, gold and higher yield instruments were […]
New Legislation Proposed, Raising Hedge Fund Issues
West Palm Beach (HedgeCo.net) – Carried interest legislation is being considered at the federal, state and local level, raising significant local and international tax issues. Carried interests, which form an essential element of business in almost every section of the […]
Cohen’s Hedge Fund Taxes Can’t Fix Connecticut’s Fallen Revenue
Bloomberg – Philip Duff, Morgan Stanley’s former chief financial officer, last month fired 80 of the 100 people at his 11-month-old hedge fund, and now he’s looking to sublet excess office space in Greenwich, Connecticut. Record losses and terminations at hedge […]
From convention donor to bailout seeker
Los Angeles Times – Financial giants and other large firms now being bailed out by the government spent millions underwriting the Democratic and Republican conventions last summer, just weeks before coming to Washington seeking multibillion-dollar handouts. The big donors included […]
Egotists who are renaming New York City
Financial Times – The soaring egos of the very wealthy seem to be contaminating the spirit of philanthropy. Increasingly, public buildings, or parts of them, are being renamed after big donors whose gifts are made on condition that their names […]
