During an unbelievable number of meetings with investors and managers, I hear the same two refrains: “We’re looking for the next Blackstone.” Or “We think we’re the next Blackstone.” It’s enough to make you wonder if such success is commonplace or if we’re all overreaching just a teeny bit. Well, I’ve shaken my Magic Eight

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Alexander Brokaw contributes to The Edge on a weekly basis with his posts on the latest frauds perpetrated in the financial industry. The SEC has conducted a third sweep in an ongoing effort to enforce Rule 105 of Regulation M—a measure that prohibits firms from short selling a stock within five days of participating in

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Greetings,Let’s start with the latest economic data from the US which remains mixed at best. The Fed’s national economic conditions survey called the Beige Book was rather disappointing. Here is one indicator showing weakness in the Beige Book report. Source: @bySamRo, RBC This headline says it all. Source: MarketWatch The Fed Funds futures jumped in response, pushing

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