Goldman Sachs, which paid a $550 million penalty for designing an uber-complicated synthetic collateralized debt obligation and then misleading institutional investors about how the contraption worked, has bought a personal finance app called Clarity Money.
The acquisition, for a reported eight-fig
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Goldman Sachs ditches opaque past to embrace Clarity
Shares in even the most disruptive company, like Twitter, aren't worth buying if they're priced too high.
After the SEC sues her, private equity honcho Lynn Tilton returns the favor and says her case should be heard in federal court rather than by an administrative law judge appointed by the regulator.
In the past year or so, more than 30 major companies have quietly amended their bylaws to say Delaware courts are the only place where shareholders can file lawsuits alleging misdeeds by corporations, their managers or directors.
If you have $1 million to lose, the high-risk, high-reward game of angel investing might be fun and profitable, but you do need to develop a portfolio of startup holdings to increase your changes of success, says one successful investor.
