Tag Archives: United States
*Edit: Revised Madoff Feeder Fund Letter to Investors
A letter dated December 22, 2008 and sent from Fairfield Sentry Limited to its investors recently surfaced here. The fund, part of Fairfield Greenwich Group, had invested in excess of $7 billion in Bernard Madoff Securities, making it Madoff’s largest feeder fund investor. In wake of the surrounding facts which have surfaced in the case, we have received a rough […]
Today’s Thomas Jefferson of Enterprise: Charles Koch
The main problem of the people of the United States is a lack of understanding of the path – a path taken by FDR that bought stability at the cost of growth that continued from 1929’s crash to 1959, the time period it took for the market to recover! The people are not well informed because they are buying what […]
President’s Budget Proposals
By Steven M. Etkind and Roger D. Lorence The Treasury Department has released its lengthy explanation of the President’s wide-ranging tax proposals. The President aims to deliver on both tax “fairness,” especially the ending of perceived tax abuses and “loopholes,” and increasing federal tax revenues. Particularly hard hit would be U.S. businesses with operations outside the U.S. and the financial […]