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December 20, 2014
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Tag: Blackrock


Big Banks Hit With Monster $250 Billion Lawsuit in Housing Crisis

In June, investors led by the world’s largest asset manager and the world’s largest bond-fund manager sued some of the world’s largest banks for breach of fiduciary duty as trustees of their investment funds. The investors are seeking damages for the equivalent of 1 million homeowners with $250,000 in damages suing at one time.

Posted on Jul 17, 2014 READ MORE


BlackRock HQ
AP photo / Mark Lennihan

Our Loss Is BlackRock’s Gain

How much do you know about BlackRock and the hedge funds they manage? Better bone up fast, now that the folks at BlackRock are calling the shots in the government’s trillion-dollar bailout program. BlackRock execs are now directing key elements of the government program at a time when they stand to reap great profits from the fallout of a problem they helped create. 

Posted on May 19, 2009 READ MORE


Burning Man
flickr/spongemonkey

It’s That Time of Year Again

Hordes of artists, free-thinkers, nudists and stoners are about to descend on the Nevada desert to worship a neon statue.  Burning Man is back, and the event map?a work of art in and of itself?is now available for viewing.

Posted on Aug 22, 2006 READ MORE


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