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Grant, along with his sons, invested $200,000 of capital to the firm (Grant & Ward), and the financial operations were left entirely to Ward. After a number of bad investments erased the Grants' initial stake, Ward hid the loss by falsifying the firm's ledgers, and turned to a Ponzi scheme to attract new money and heighten the firm's reputation.
Data breaches have resulted in people's information being exposed on the dark web. While thieves often try to misuse this data, there are steps you can take to avoid becoming an identity theft victim.
Oaktree Capital Management, Inc. is an American global asset management firm specializing in alternative investment strategies. As of September 30, 2024, the company managed $205 billion for its clientele. The firm was co-founded in 1995 by a group that had formerly worked together at the TCW Group starting in the 1980s. On April 12, 2012 ...
Willow Ware had its origin in Wilson Brothers Pty, founded by Ralph and Richard, sons of Ralph Wilson, sen., (c. 1826 – 14 June 1901) and Elizabeth Wilson ( – 21 April 1912). With start-up capital from their parents, they began making tin cans in 1887, and constructed a factory in North Melbourne. Ralph Wilson (1865 – 10 December 1930 ...
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On September 3, 2003, New York Attorney General Eliot Spitzer announced the issuance of a complaint against New Jersey hedge fund company Canary Capital Partners LLC, charging that they had engaged in "late trading" in collusion with Bank of America's Nations Funds.
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In July 2001 he joined Oaktree Capital Management as General Counsel. [7] He remained in that position until 2006, and in May 2007 he became Managing Principal of Oaktree Capital Management. [ 3 ] Frank became vice chairman in 2014, a role that shifts his focus to developing relationships with Oaktree's investors and business partners. [ 8 ]