ManyPeaks.com

Andy Swan has a great post regarding the Bear Stearns / JPM transaction.. The gist is likely true, details aside.
His blog and Howard Lindzon’s are two that I follow regularly.

With 2008’s first quarter ending soon, I certainly would rather have made a ton of money for clients rather than having basically broken even.
When in doubt, our philosophy has been to reduce the risk we’re willing to take, both on any one trade and the overall exposure levels across the portfolio, rather than try to […]

The SEC found that mutual fund giant Fidelity — including legendary manager Peter Lynch — failed miserably in that area.
The gist:  Fidelity portfolio managers and traders apparently paid Wall Street brokers inflated commission in exchange for lavish gifts — some not exactly kosher.  Those commissions, of course, are paid out of the assets of each […]