Whatever.
If you had John Stumpf in the office “highest-paid U.S. bank CEO for 2012″ pool, congratulations. Read more »
David Rubenstein
Investors Failing to Understand that You Can’t Evaluate Carlyle Like Other Public Companies
By Jon Shazar
Profit, revenues, fees down. Compensation way up. The shadow government is not concerned. Read more »
Carlyle Group IPO Is An Eeeeevil Conspiracy But There Are Some Nice Things About It Too
By Matt Levine
If you love a good conspiracy theory but find Ron Paul’s and Rick Perry’s calls to kill Ben Bernanke for counterfeiting a little played out, do we have some good news for you. The Carlyle Group, a mild mannered private equity firm by day that at night transforms into an evil conspiracy among George Bush, Skull & Bones, the Saudi royal family annd the Illuminati, is about to get a lot more public attention.
Bloomberg reports that Carlyle is shopping an IPO. While we do worry that IPOs by smart private equity managers have a pretty solid tradition of top-ticking (Blackstone IPOed in June 2007 and the market has never been the same since), we like David Rubenstein’s efforts to get valued for making good investments instead of just for having a ton of money:
Read more »
[Andrew Harrer/Bloomberg via Getty Images]
[Cavorting at a Bloomberg cocktail party before the White House Correspondents' Dinner]
Reuters reports that General Motors will sell Hummer, though a buyer has not been named, nor has a number been quoted for how much it’ll pay. And then there’s this, from the mailbag:
I saw David Rubenstein and Rahm Emanuel (with one other unidentified guy) eating dinner at Blue Duck Tavern in DC last night. There is an outdoor seating area, which is where they were. They were actually looking somewhat awkward, not sure what to make of that. I do remember they were twins with their navy suit and red ties (it is Rubenstein after all), probably planned that. I’m not saying Carlyle bought Hummer, but I’m not saying it.
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You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
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Sponsored Content
SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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