Wissman, 46, an executive of HFV Asset Management LP, also agreed to a $12 million settlement as part of the probe of illegal kickbacks to arrange pension-fund investments for hedge funds and private-equity firms, according to New York Attorney General Guilty Plea, Another Charged In Kickback Case Private-Equity Firms Under Scrutiny New York Pension Kickback Scheme Grows With Guilty Plea -
guardian.co.ukFirst-quarter earnings fell 10 percent to $2.14 billion, or 40 cents a share, compared with $2.37 billion, or 68 cents, a year earlier, the New York-based bank said today in a statement. Per-share profit was expected to be 32 cents, according to the JPMorgan profit tops view; ready to repay TARP Wall Street Mixed After Manufacturing Report JPMorgan's Profit Falls 10% But Beats Expectations -
By Patricia Hurtado April 16 () -- J. Ezra Merkin, the financier being sued by New York University over losses related to Bernard Madoff, gave information to regulators investigating the $65 billion fraud, a New York judge said in a ruling. NY Judge Agrees To Unseal Some Documents In NYU Suit Vs Merkin Unsealed Merkin Testimony Reveals He Talked To Regulators
New York has bestowed the honor upon former Indian CC Sabathia, the team's $161 million offseason investment. The stocky left-hander tuned up for today's assignment with a pair of starts to begin his Yankees career, turning out a dud in one and a gem
Daily Star - Lebanon“The rise in prices has nothing directly to do with oil,” said Nauman Barakat, senior vice president of global energy futures at Macquarie Futures USA Inc. in New York. “We are getting tidbits of news from China and the US that hint that the worst may Crude oil falls as US inventory rises Prices lower for crude oil, precious metals Crude dips after US retail sales slip unexpectedly -
Fund Manager Pleads Guilty in New York Pension Probe
15.04.09
By Erik Larson and David Scheer
April 15 (Bloomberg) -- Barrett Wissman , a Dallas hedge
fund manager, pleaded guilty to securities fraud as part of an
investigation of corruption at New York’s $122 billion pension
fund, state officials said.
Wissman, 46, an executive of HFV Asset Management LP, also
agreed to a $12 million settlement as part of the probe of
illegal kickbacks to arrange pension-fund investments for hedge
funds and private-equity firms, according to New York Attorney
General Andrew Cuomo . Today, Cuomo announced charges against
former New York State Liberal Party Chairman Ray Harding as part
of the two-year-old investigation.
“This goes to the heart of public integrity,” Cuomo said
today in a conference call. “It’s people’s retirement benefits
that the state was holding in trust. If that fund is diminished,
it’s going to have to be replenished by taxpayers.”
Wissman’s guilty plea and the complaint against Harding are
directly related to claims filed last month by Cuomo and the
U.S. Securities and Exchange Commission against former New York
Deputy Comptroller David Loglisci and political adviser Hank
Morris . Wissman is a longtime family friend of Loglisci,
according to the SEC complaint.
Did you think that the investment at New York Exchage Stock will be safe forever?
Feb 13, 2008 by emadmail2002 | Posted in Investing
I put all my money at New York Exchange Stock (Nasdaq, Dow Jones, ......etc). All my salary now at this investment and make to me a good profit. I'm thinking now to leave my job and take my profit from this exchange stock. My question if there any dangerous for USA economy to destroy this exchange stock or this investment will be strong and safe forever?
Do Investment Bankers have to work in New York on Wall Street?
Sep 05, 2008 by nygiantsfan | Posted in Investing
I'm asking this question because I might want to be an Investment Banker one day but one thing is that I don't really want to work in New York cause It's too conjested so I was wondering are there other Investment Banking offices in other states?
Investment bankers are like you know what, they are all over the place,
Most major cities have large banks that have investment banking departments as well as some of the major brokerage firms.
You may luck out, and find some smaller banks (or B/Ds) in the burbs that do a considerable amount of Investment banking. These are catering to the growing areas that they're in, or they too wanted to get out of the rush of the big cities.
You can start checking with some of the big name banks in your area or the area you may like. There is a reference book called the "Securities Dealers of North America" (the red book), the book list broker/dealers in geograhical areas, take a look at your local library,
Good luck on your search, if you want bad enough you can do it.
The Old Guy | Sep 05, 2008
Where should I form an LLC if I live in New York and I'm buying an investment rental property in Tennessee?
Mar 25, 2007 by sjay710 | Posted in Renting & Real Estate
I'm buying a rental property in Nashville, Tennessee. I live in New York and I would like to form an LLC soon. Should I form an LLC in New York or Tennessee?
You probably would do best forming in NY. There is only a small annual fee to NY for the LLC, something like $50. You would be required to pay tax to NY since you are a NY resident. Any tax that your might pay to Tennessee would be eligible for credit against NY taxes. On rental properties, unless you have partners, it might be easier to merely file a schedule E on your personal tax return form 1040 without the expense of setting up the LLC. Suggest you speak to a lawyer as to whether the LLC would have any limited liability benefit.
New York City Investment Fund
The New York City Investment Fund: An Emerging Model For Corporate Engagement in ... NYCSeed Makes First Investments in New York City Start-Ups. March 2, 2009. read ...
guardian.co.ukFirst-quarter earnings fell 10 percent to $2.14 billion, or 40 cents a share, compared with $2.37 billion, or 68 cents, a year earlier, the New York-based bank said today in a statement. Per-share profit was expected to be 32 cents, according to the JPMorgan profit tops view; ready to repay TARP Wall Street Mixed After Manufacturing Report JPMorgan's Profit Falls 10% But Beats Expectations -
Daily Star - Lebanon“The rise in prices has nothing directly to do with oil,” said Nauman Barakat, senior vice president of global energy futures at Macquarie Futures USA Inc. in New York. “We are getting tidbits of news from China and the US that hint that the worst may Crude oil falls as US inventory rises Prices lower for crude oil, precious metals Crude dips after US retail sales slip unexpectedly -
