investing

Curried Interest

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A recent article in the Wall Street Journal was titled “Congress’s Carried Interest Tax Folly” (May 24, 2010). The subtitle was, “The latest soak-the-rich scheme will mean less capital investment and fewer new jobs.” I may agree with the sentiments of the headline, but on the facts, the sub-head is all wrong. One only has […]

How to Manufacture a Debt Crisis

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In my career I’ve been involved with the rehabilitation and rescue of everything from corner restaurants to whole governments.  In fact, at one point I was managing a debt renegotiation for $32 billion in sovereign credit.   This category of potential clientele is the most interesting, given their size as well as the social and […]