Harvard’s endowment among Ivy League’s worst-performing funds after years of overpaying managers: report
Harvard's endowment ranks second-to-last among Ivy League schools in annual revenue over the past 20 years, but the report says the endowment has given investment managers $800 million over that period. The damage was partially due to the fact that he had invested close to US dollars. school's harvard management company HMC's annualized return of […]
Naomi Campbell banned from charity role after investigation found funds were spent on hotels, spas, cigarettes
Naomi Campbell has been banned from being a charity trustee in England and Wales for five years after an investigation into her charity revealed evidence of financial misconduct. On Thursday, the Charity Commission, which registers and regulates charities in England and Wales, published its report after a three-year investigation into the 54-year-old British supermodel's charity […]
EXCLUSIVE: Investment Giants Leveraged Red State Universities’ Endowment Funds To Back Anti-Oil Agenda, Report Finds
Multiple asset managers are planning to move forward with anti-fossil fuel shareholder proposals for 2022 and 2023 at Texas' two major university systems, according to a report from the conservative watchdog group American Accountability Foundation (AAF). Utilized donated funds. owned by black rock Aperio Group, Cantillon, Chaired by former Vice President Al Gore Generation Investment […]
EXCLUSIVE: Bill Cassidy To Introduce Bill To Stop Left-Wing Investing From Taking Over Retirement Funds
Sen. Bill Cassidy, Republican of Louisiana, on Thursday introduced a bill that would override a Biden-Harris administration rule that allowed retirement funds to consider factors such as racial justice and climate change when making investments. We plan to do so. The bill would require retirement funds to make investment decisions solely based on “financial factors,” […]
D’Esposito Paid Mistress, Fiancée’s Daughter with Taxpayer Funds
Rep. Anthony D'Esposito (R-NY) offered both his fiancée's daughter and his mistress part-time jobs in his congressional office. The New York Times Report reveal. The arrangement could violate House ethics rules designed to combat corruption in the notoriously shady world of congressional staff. of Times Report: Shortly after being sworn in, the first-time congressman hired […]
NY GOP House bill would bypass states with liberal policies to give funds directly to cops, local governments
A new bill introduced by New York's Republican delegation would allow federal authorities to bypass states like New York that are perceived to have soft policies on crime and give law enforcement funds directly to local governments. The bill, introduced by Rep. Marc Molinaro (R-Upstate New York) and revealed exclusively by The Washington Post, would […]
GOP Billionaire Says He Will Pull Funds from Stock Market if Harris Wins
Republican megadonor and hedge fund billionaire John Paulson said he would pull his money out of the stock market if Vice President Kamala Harris wins the next presidential election, citing “uncertainty” around how she would handle the economy. in Interview Paulson, founder of Paulson & Co., said in an interview with Fox Business host Liz […]
NYC Dept of Ed employees accused of using city funds to bring families on trips
The New York City Department of Education manager and five other employees reportedly took families to Disney World and other field trips using city funds intended for homeless students. of New York Post The New York City Schools Special Commissioner for Investigative Studies (SCI) first reported that the employees' actions allegedly denied underprivileged children trips […]
SCOTUS lets Biden-Harris admin continue denying federal funds to Oklahoma because it won’t refer mothers for abortion
The Biden-Harris administration has withheld millions of dollars in federal funding from Oklahoma after the state refused to provide abortion referrals to pregnant women. Pro-life states sued the Biden-Harris Administration's Department of Health and Human Services and Secretary Xavier Becerra earlier this year, seeking to reinstate $4.5 million in family planning grants. The case was […]
Not setting aside funds for retirement early enough ‘biggest’ financial regret for Americans: Bankrate
Affirm co-founder and CEO Max Levchin told “The Craman Countdown” that the company is “doing very well.” Saving for retirement is important, with 22% of U.S. adults reporting that not starting this habit earlier is their biggest financial regret. That's what Bankrate reported. Recently published studies The YouGov poll, conducted July 16-18 with a non-probability-based […]