Most institutions of higher education have been hurt three ways by the financial crisis: endowment returns are down; donors have less money to give; and families need more financial assistance to cover tuition. Just about every college and university has been affected. But one college has had the misfortune of having financial fraud and poor… [Read More]
Blog
Tag: financial fraud
Three good reasons not to keep your eggs in one basket
We all know it, we’ve all heard it over and over and over: don’t put all your eggs in one basket. Well, don’t do it! Do you need a few reasons? Here are three: One: Diversification improves performance. This is so simple. Different asset classes perform differently at different times, so holding a mix of… [Read More]
Embezzlement and the non-profit
I’ve done a lot of volunteer work over the years, and usually, it’s a fun way to meet people, learn new skills, and give back to the community. It’s one of those few things that is all-around good for everyone involved. When it’s frustrating, it’s usually because the non-financial people don’t understand where the financial… [Read More]
Researching Court Cases
I often do stories on different frauds or lawsuits in the investment industry. You can rarely find information about court cases on Google. If a newspaper or blog picked up the story, then you’ll see some naughty bits, but the full Monty will be hidden in the courthouse website, behind a paywall. It is public… [Read More]
