New Clues About How Hedge Funds Make So Much Money

We all wonder why Wall Street pros make so much more money than everyone else. But investment bankers are pikers compared to hedge fund managers, who make their money by taking a small cut of the assets they attract as well as a larger slice of the pro…

FDIC Launches 50 Criminal Investigations Into Failed Banks

In the wake of hundreds of failed banks since the 2008 financial crisis, U.S. regulators reportedly have begun 50 investigations into possible wrongdoing by bank executives, directors and employees.

The Federal Deposit Insurance Corp. (FDIC) is lookin…