A US Debt Default is the Wake-Up Call the World Needs
Interest rates will soar, stock & bond markets will crash and global financial system will plunge into turmoil as investors flee to any safe asset.
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Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax
Sanjay Shah, a hedge-fund trader accused of masterminding a massive tax fraud, lost an appeal at a Dubai court.
California Mutual Fund Manager Gets Four Years in Prison in $106 Million Fraud
California mutual fund mgr was sentenced to 4 years prison for defrauding investors $106M he said would be put in Treasury bills and safe assets.
Heads of Failed Banks Mostly Blame Social Media, Not Themselves
Facing second day of grilling from US lawmakers, once top executives at recently failed banks coalesced around a culprit for their firms’ collapses.
Elon Musk Subpoenaed by US Virgin Islands
Musk subpoenaed in JPMorgan Chase-Jeffrey Epstein lawsuit. The U.S. Virgin Islands says the subpoena was issued on April 28.
Fake Billionaire Hedge Fund Manager Ran Ponzi Scam, US Says
Former Chicago commodities trader arrested, charged with fraud for lying to clients about non-existent collection of luxury cars to phony returns.
Elon Musk Dismisses Warren Buffett's 'Kindly Grandfather' Image As Overrated
Tesla Inc. CEO Elon Musk has never been one to hold back his opinions, even when it comes to legendary investor and Berkshire Hathaway's Buffett.
