Common Cybersecurity Concerns for Private Equity and Hedge Funds
As alternative investments such as private equity and hedge funds explode with success, more and more fund managers are entering the space. For many new fund managers, the process of starting a private equity firm or hedge fund often doesn’t give cybersecurity practices enough weight – a decision that can lead to huge ramifications in …
New Mexico Oil Boom a Political Hot Potato.
The southeastern section of New Mexico is experiencing a mini oil boom of sorts. The gushers are coming in on a regular basis in this Republican-dominated enclave of wildcatters. But there’s a problem brewing up in Santa Fe, the state capital, where last year the Democrat-dominated legislatures drew up a program of bills dubbed “The …
Boeing Earnings and Delivery Take a Nosedive.
Boeing has reported a sharp drop in quarterly deliveries, earning, and, most troubling, in sales today. The steep decline is being blamed on the problems connected with the two fatal crashes of their 737 Max plane jets earlier this year. The 737 Max was grounded after the second deadly crash, and none have flown since …
Candidate Sanders says “Billionaires — Who needs ’em?”
Bernie Sanders, who is running for president in 2020, recently told a major New York newspaper that he is formulating a tax on the most wealthy that will, he hopes, eliminate billionaires. Both he and Sen. Liz Warren are proposing taxes on immoderate wealth that push accumulated assets into the stratosphere of hundreds of billions …
More Employees Strike as Economy Continues to Expand.
At first it seems like a conundrum: With the American economy continuing with its decade-long winning streak there are now thousands and thousands of employees around the nation who have gone on strike for higher wages and better benefits. They range from auto workers in Detroit to public school teachers in Chicago — and those …
E-Signatures to Become Legal for Wills in Most States.
The ancient practice of making a will to take care of your property and assets dates all the back beyond ancient Greece. As most people understand it, a will here in the United States traces its legal form and basis back to the seventeenth century and is based on English law. For many centuries one …
The Fed Warns of Climate Change Costs
The Federal Reserve Bank of San Francisco has just released their quarterly report, which is far from optimistic about the future of financial America in the coming years if climate change is allowed to continue unchecked. The report, which is supposed to steer clear of all controversy and opinionating, states clearly that unless something is …
China to Allow Foreign Investment in Insurance Industry.
The Chinese government announced yesterday in Beijing that they have reversed a half century policy of excluding foreigners and foreign companies from investing in the lucrative insurance industry in China. The latest statistics show that on average a Chinese male in his mid-30’s holds nearly a quarter of a million dollars in various life insurance …
Recent Comments