If the weather’s got you down and you’re thinking of bailing on your Memorial Day Weekend plans anyway, consider printing up a bunch of fliers with your number on tear-off tabs at the bottom, post them in high-traffic areas around your office building, and give this lady a run for her money. Read more »
nice work if you can get it
As previously mentioned, Ben Bernanke has been doing quite well for himself since leaving the Federal Reserve. Whereas his previous yearly take-home was in the low six figures, anyone hoping to take a brief meeting with him now had better be prepared to cut a check for at least that much and throw in a meal. Speaking of which, hedge fund manager David Tepper will probably pay more attention the next time he drops a quarter million on dinner with the former Chief. Read more »
In these volatile times it helps to have role models to steer you through economic uncertainty, wise investors who you can look to when your faith in markets is shattered. And that sort of wisdom is hard to find right now, what with John Paulson continuing to trip over his own feet and George Soros closing up shop / apparently not having the resources to house all of his girlfriends in the manner to which they are accustomed. Fortunately, Roll Call today brings us a new list of investors for you to emulate: the 50 richest members of Congress.
Would you believe that millionaires who are able to direct stimulus funds to their own companies and unconstrained by insider trading laws had a pretty good year in 2010? Then you would be correct. Our 50 richest members of Congress had an average net worth of $32mm, and saw a weighted average growth in their net worth of 17.7% (unweighted 26%).* The S&P was up 12.8%. Read more »
Irving Picard wants $43.2 million for the last four months of work on the Madoff file. Read more »