エイプリル・フール ニューヨーク・タイムズ
When I read the Op-Ed titled “How Hedge Funds Held Argentina for Ransom,” at first I thought The New York Times was publishing an April Fool’s joke. Once I got into the meat of the piece, though, I found out that I was wrong. The Old Gray Lady was continuing its chorus of anti-hedge fund, anti-capitalism, pro-big government and responsibility-shirking with a piece by Martin Guzman and Joseph E. Stiglitz on how “greedy” hedge fund managers took advantage of a country that could not pay its bills or act responsibly fiscally. These two leading thinkers of our time have clearly bitten off more than they can chew with this latest […]
質問をして、率直な答えを求めなければならない。
Amidst all the chaos in the markets this week, once again we learned of yet another a fraud in the investment world. This time a well-regarded private equity player from a “good” family is accused of setting up a fascinating scheme which included fake people, fake websites, and fake email accounts, all in a move to steal more than $25 million, according to the federal complaint that came to light Monday. It is unclear what really happened other than that investors’ money was used for a trading strategy that went awry and for some personal expenses of the accused. Of course, Andrew W.W. Caspersen will get his day in court. […]