Submitted by Peter Schiff via Euro Pacific Capital,

By Chris at www.CapitalistExploits.at

Years ago I had the misfortune of sitting adjacent a colleague who was a pretentious moron. We were both young and of no real importance at the investment bank which had hired us. This particular guy became so entranced with the absurd things that rich people with more money than sense can fall victim to.

Submitted by Dominique Dassault of Global Slant

Serial Debate About Hedge Fund Performance Fees Is Feckless While Management Fee Debate Is Legitimate.

As many hedge funds are getting “crushed” this year it has become fashionable to bash the industry’s entire fee structure…typically [but not always] 2% management fee & 20% of profits. Obviously, there won’t be too many 20% profit distributions to the portfolio management teams this year but the 2% management fee has been/will be applied. And that may “piss off” some people.

How Many Millions of Dollars Were the Members of the Corrupt Government in Montenegro Paid by US Taxpayers in Exchange for joining NATO?

https://www.rt.com/news/325776-montenegro-anti-nato-protests/

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