わかった

So just in case you were hiding under a rock or in some place where Al Gore’s internet doesn’t reach, Facebook got hammered last week. The Silicon Valley giant’s market value took a massive beating and well, everyone — and I mean everyone — has been reporting on it non-stop. I get that this “market event” is significant and I get that millions of people lost billions of dollars, but I assure you that all is not lost. Facebook and its leader Mr. Zuckerberg are going to survive. To be clear, I have no empirical evidence of this, just my gut – I am not a Facebook user – there […]
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. […]