Recent Events
See CSP's Managing Director, Joy Howell speaking at the 2008 Democratic National Convention.
See CSP's Managing Director, Joy Howell speaking at the 2008 Democratic National Convention.
News and Articles
"The investment strategies involved are perfectly legal maneuvers. Still, the losses show how AIG strayed from its core business: selling standard insurance policies to businesses and individuals to protect against everything from fires to lawsuits. "AIG's financial-products division went heavily into the business of speculation, and its gambling debts are what taxpayers are paying off right now," said Martin Weiss of Weiss Research, an investment consultant in Jupiter, Fla."
"Hedge Funds May Get AIG Cash"The Wall Street Journal 18 Mar. 2009 [link]
"In good times the issues get swept under the rug, and in bad times rough spots show up," says Martin Weiss, president of Weiss Research Inc. in Jupiter, Fla., an investment-research firm that also rates insurers."
"Worry Grows Over Insurers As Ratings Slip" The Wall Street Journal 17 Mar. 2009 [link]
Richardon, John H. "10 Questions with the Bear Who Called the Bubble....Four Years Ago" Esquire 16 Dec. 2008 [link]
"Ascot has also been named in an AmLaw Daily story as a likely target of litigation by Harry Susman, of Houston's Susman Godfrey. Similarly, another prominent fund that invested clients' money with Madoff, Fairfield Greenwich Group's Fairfield Sentry Fund, also appears to have a litigation bulls-eye painted on its back, according to the Wall Street Journal and New York Times on Wednesday."
"Madoff investors race to the courthouse" CNN - USA 17 Dec. 2008 [link]
"The real impact of today's cut will be felt by consumers with products that are tied to the prime rate, a benchmark rate that typically moves in lock step with the federal funds rate. "The only place where you would see a concrete impact at the consumer level would be things that are directly tied to prime," says Mike Larson, a real estate analyst at Weiss Research. Many home-equity lines of credit and certain credit cards with variable interest rates are tied to prime rate. As such, borrowers with these products could see their interest rates decline."
"6 Things to Know About the Fed Rate Cut" U.S. News & World Report 16 Dec. 2008 [link]
"This is a guy that openly claimed he would not answer questions about his strategy," says lawyer Harry Susman, a Houston lawyer who is looking into bringing a suit against one of the feeder funds. "If you put all your eggs in one basket, you better be able to watch that basket well."
"Madoff Victims Look for Ways to Recover Their Money" TIME 16 Dec. 2008 [link]
"Certainly, a lot of his investors have good reason to be upset," said Harry Susman, a lawyer in Texas who was flying to New York on Monday to help a group of investors who had retained him in the matter."
"Firm That Trusted a Disgraced Investor" The New York Times 15 Dec. 2008 [link]
Equal Pay for Equal Work? Finally.
Won, Christine. "State Could Pay Employees $8.5M to Settle Lawsuit" IndyStar.com 19 Aug. 2008 [link]
Guinane, Patrick. "Indiana OKs $8.5 million payout to state workers" NWITimes.com 19 Aug. 2008 [link]
Rizo, Chris. "Indiana Could Pay State Workers $8.5 million to Settle Class Action" Legal Newsline 19 Aug. 2008 [link]
McDermott, Mary. "State Employees Settle Equal Pay Suit" WISH TV 8 Indianapolis 19 Aug. 2008 [link]