Feds charge hedge-fund managers with $1B embezzlement According to a federal indictment, Platinum Partners founder Mark Nordlicht and four others faked the hedge fund's books for years to allow them to siphon off one billion dollars to their personal accounts, swindling 600 investors.
Tags: Fund
Trudeau Government Announces Tax Hike on Wealthy Canadians in Federal Budget to Fund Housing
The new tax increase raises the taxable portion of capital gains exceeding $250,000 Canadian (US$181,000) from half to two-thirds.
The Arthritis Society Grants Funds For Medical Marijuana Research
A research funded by The Arthritis Society will study the use of oral cannabinoids to help treat fibromyalgia. The research will be led by Dr. Mark Ware whose proposal was selected to receive the three-year grant.
Major Fund Launched By The NFL Players Association For Better Startups
The NFL Players Association launched the OneTeam Collective to provide access to capital and licensing rights to startups.
Analysis: The Biggest Hedge Fund Paydays Of 2016, From Charter Communications To Natural Gas
The Biggest Hedge Fund Paydays Of 2016, From Charter Communications To Natural Gas Hedge fund investors have a lot to celebrate as 2016 draws to a close and they sharpen their pencils on new investment ideas and macroeconomic themes for the coming year.
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LA Legal Defense Fund Created To Aid Immigrants Facing Deportation City and county officials in Los Angeles on Monday unveiled a $10 million fund to provide legal services to immigrants facing deportation.
The Italian Prime Minister has called for a cabinet meeting to discuss the request for funds from the parliament. The funds will be used to rescue the country's most troubled banks.
Wiregrass Investment had already introduced their new members. Wiregrass Investment Management LLC recently welcomed Greg Bright and Stephanie Whittington to the team.
Russia and Japan agree to set up $1 billion investment fund. The countries of Japan and Russia will create a $1 billion fund to invest in joint energy and infrastructure projects over the next five years, the leaders of the two countries said in Tokyo Friday at the end of meetings that looked cozy but fell well short of Japanese expectations.
Bill Gates, Others Launch Clean Energy Fund. Bill Gates, Microsoft Corp. co-founder said Monday that he and other business leaders are launching a $1 billion clean-technology fund that will start investing next year in companies developing low-cost, low-carbon technologies.
Women's Fund of Western Massachusetts offers $240K in grants. The Women's Fund of Western Massachusetts, which works to empower women and girls through partnerships with area programs, has announced the availability of $240,000 in multi-year grant money for organizations that collaborately serve that population in Berkshire, Franklin, Hampden and Hampshire counties.
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
The Capital Region had been awarded $83.1 milion for the economic development projects. The Capital Region today was awarded $83. 1 million in grants and tax credits for economic development projects, a "top performer" during the latest round of Gov.
The public pension fund for policemen and firefighters is suffering a run as mass withdrawals further decrease the plan's funds. The city mayor has already applied for a restraining order so as to prevent the financial crisis from worsening.
