April 2013

Jim Chanos on the Cycle of Frauds

The below section comes from a larger, must-read Jim Chanos interview that just popped up at Salon.com, of all places. In it, the legendary skeptic and short-selling maven talks about why frauds tend to cluster around the back-half of expansions and booms… What do we know about the timing of frauds? When are they most…

Wall Street’s “Original Sin”

I’d like to share with you a key pair of sentences from the congressional report on MF Global’s collapse, summing up a long investigation led by Louis Freeh: Corzine, an active trader at the firm, was supposed to be supervised by the company’s chief compliance officer. But the oversight mechanism was put in place to…

Boy, Interrupted

There I am, minding my own business and taking my first weekend away from the work and the kids in god-know-how-long and before you know it, I’m doubled over in gastrointestinal agony. One moment I’m having dinner with my wife and our friends at a New Jersey mountaintop resort and the next thing I know…

361 Capital Weekly Research Briefing

361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…