DOJ’s suit against activist investor could affect entire mutual fund industry
Plus: Going after tax inversions goes after the middle class, the sun is setting on solar energy funds, and the baseball bat gets an upgrade
- The $16 trillion U.S. mutual fund industry should be biting its nails over the Department of Justice lawsuit against activist investor ValueAct. Restricting shareholders from addressing important issues with corporate executives.
- President Obama’s war on tax inversions, is really a war on the middle class. Seems like he would realize that. The problem could easily be solved by just slashing the U.S. corporate tax rate.
- Did the flameout of SunEdison hurt solar energy funds? A whole new twist on the idea of ‘feeling the burn.’
- In recognition of the start of another baseball season, let’s celebrate a rare and somewhat odd technological upgrade to the age-old ball bat. Introducing the ‘Axe Bat.’
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