With interest charges around 10%, graduates saddled with enormous tabs; 'I'll be making payments forever.'
Founder of hedge fund firm Harbinger Capital Partners last year settled a probe by U.S. regulators by admitting improperly borrowing money from his fund to pay his personal taxes.
Michael Hasenstab can crunch numbers with the best of them. And the lead manager of the Templeton Global Bond Fund has a doctorate in economics to prove it.
Federal agents searched the Indiana and Ohio offices of two companies owned by an Indianapolis businessman Tuesday, serving warrants a month after a newspaper questioned whether the Ohio firm is capable of repaying some $168 million owed to investors.
Kenneth Starr, the Ponzi scam artist whose clients included top Hollywood celebrities, pleaded guilty today in Manhattan federal court to one count each of wire fraud, money laundering and investment adviser fraud.
Labor Department now shooting to issue proposal during the first half of the year; request for IRA info could gum up the works
