By Andre Peschong
Looking at the fallout on Wall Street, there has been great change in the financial industry and, in turn, some unintended consequences. The hedge funds that once numbered over 7,000 (my unofficial estimate as I couldn’t find a substantiated number) are now pared down to around 3,000. Venture Capital has retreated [...]

If you want to get returns like Buffett, buy the Berkshire Class A’s or B’s.

I interviewed Barry Ritholtz yesterday. Here is a link to the podast

By Aleksey Matiychenko and Gregory Dyra — April and May have been tremendous months for global financial markets. MSCI World Index rose 11.49% and 9.52% respectively. While the index is currently down 83 basis points in June, it is up 7.46% for the year. The world as a whole seemed to perform better than [...]

The issuance of Bearer Bonds has been discouraged for almost 3 decades with the passage of the TEFRA in 1982.
“The interest on any such bonds issued after 1982 would be taxable to the issuer in the case of corporate bonds, and taxable to the holder in the case of municipal bonds.”
I guess that did not [...]

Sprint has launched a funny ad that looks like it was inspired by the folks at Apple…
Meanwhile, Maggie Reardon the rock start behind CNET Wireless, has some great analysis behind Palm’s numbers that’s worth a read.

By Marguerite Reardon, CNET
To be eligible for the $5 unlimited international calling plan, users must already be signed up to an unlimited national calling plan that costs $40, $45, or $50 a month. Making international phone calls from a cell phone has typically been rather expensive with major carriers such as AT&T and Verizon Wireless.

By Douglas M. Mancino, et al.
Partner, McDermott Will & Emery
Tax-exempt organizations are well-advised to attribute significant focus and attention to the governance questions posed on Part VI of the Form 990, and to the underlying governance concepts raised by these questions.
On May 29, 2009, the Internal Revenue Service (IRS) posted a series of “FAQs” and [...]

I love when I come across a cool topic and it covers two categories…
Famed Wine expert Natalie MacLean has an awesome app for your iPhone or BlackBerry called Mobile Matcher.
This app will give you over 380,000 meal/wine pairing recommendations!
As her site says, “You’ll find matches for every dish, from appetizers and cheeses, to main courses [...]

Just saw this really cool app for your BlackBerry called Call Informer. The app is designed to help sales people quickly identify and respond to incoming calls. Having contact notes available before you answer a call allows you to make informed choices about your response.
When you receive an incoming call from a contact in your [...]