not unlike what is going on in the United States. On Thursday, just after the border shutdown was announced, a friend warned me on Thursday not to go to Carrefour, our large local supermarket. “The scene in there might make you go into labor right away,”...
On the assumption that sophisticated investors know they should never trust a company like Goldman Sachs, federal regulators long have allowed hedge funds, private-equity firms and investment banks considerable leeway. The punch line is that "sophisticated" investors may be the best marks. They want...