Larry Fink

Hot Links: The New King of Wall Street

Stuff I’m Reading this Morning… Ending second worst decade for US stocks in history, The Dow has lost 9.2% over the last 10 years.  (Bespoke) No stranger to scandal himself, Larry Kudlow has some advice for Tiger Woods.  (CNBC) BlackRock passes $3.2 trillion in assets, CEO Larry Fink is the new King of Wall Street. …

Coming Soon To Institutional Sales/Trading: Discount Brokerage

You knew it was coming sooner or later.  I guess it’s coming sooner. From TheStreet.com: Goldman Sachs (GS) and other big securities dealers made bundles of money last quarter because they faced fewer competitors, but now BlackRock(BLK) is hoping to change that.  BlackRock, soon to be the world’s largest money manager, is working on a…

Hot Links: Ugly Dolls, Trillionaires & The Plant That Eats Rats

Stuff I’m Reading this Morning… The LOLFed kids require that you pay them only in stacks of Zimbabwe Dollars.  (LOLFed) Felix Salmon on who’s winning between the New York Times and the Wall Street Journal…in his vestibule.  (Reuters) One of the coolest small business stories I’ve heard in awhile: How Ugly Doll became a company. …

About That Public-Private Fund For Retail Investors…

Disclaimer:  My commentary below is strictly a relaying of publicly-available news from major publications.  I have absolutely no interest in being responsible for anyone’s investments who reads this website without doing their own homework. OK, I had to satiate the gods of regulation.  Now that it’s just us adults, I thought I’d discuss yesterday’s news…