Insider Trading Steps Closer to Strict Liability
SEC sues an investment banker who just put 2&2 together
In 2010, Richard Bruce Moore, an investment banker at Canadian Imperial Bank of Commerce (“CIBC”), counted the …
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SEC sues an investment banker who just put 2&2 together
In 2010, Richard Bruce Moore, an investment banker at Canadian Imperial Bank of Commerce (“CIBC”), counted the …
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Billionaire hedge funders play poker over an activist target
At an investor conference last December, hedge fund activist Bill Ackman spent 3½ hours explaining why Herbalife, the …
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In re: Del Monte Foods Company Shareholders Litigation
After thinking about it for almost a year, management of Del Monte Foods Company finally decided in late 2010 …
They don’t use leverage, engage in high-speed trading, profit from inside information, rig market indices or strip assets from their portfolio companies.
What they do is select the most promising start-ups in the world, invest in them at an early stage and help make America the commercial creator that it is.
Compared to almost everyone else in financial services, venture capitalists are the “angels” who deserve to be recognized for their integrity and good works.
And now they are.
Unlike hedge fund managers or private equity firms, VCs don’t have …