Interesting story in Vanity Fair about how Harvard University is suffering its worst financial crisis in its 373-year history. "Could the same lethal mix of uncurbed expansion, colossal debt, arrogance, and mismanagement that ravaged Wall Street...
Like just about everything else in the financial realm after 2008, it looks like sovereign wealth funds' importance to the world is being reassessed. In 2007, SWFs were estimated to have $3.6 trillion in assets under management. Today --- well, as...
Goldman Sachs wowed many with its second-quarter earnings. But now that analysts have had a day or so to sift through Goldman's 10-Q, the wow factor has dimmed somewhat. In this blog post from the Economic Policy Institute, the writer, Lucas...
