A former strip mall mogul was sentenced to five years in prison for orchestrating a fake WeWork Inc. takeover bid to profit from stock options he bought just before the company’s November 2023 bankruptcy filing. Jonathan Larmore, sentenced on Tuesdayin federal court in Manhattan, was convicted of fraud in October following a weeklong trial — … Read more
With fears of a recession rising again largely thanks to the Trump administration’s aggressive policy measures—tariffs, spending cuts, aggressive layoffs, and an increasingly combative trade stance—it’s time to awaken the vulture investor within. Both Main Street and Wall Street are at risk of losing a lot of money now. I don’t particularly enjoy the idea … Read more
2024 was another record issuance year for the catastrophe bond market and with total alternative reinsurance capital reaching new heights, the way insurance-linked securities (ILS) managers and investors matched appropriate risk returns was a notable success, according to Bill Dubinsky, Managing Director and CEO of Gallagher Securities.We spoke with Dubinsky, who heads up the capital … Read more
What is a squatter, and why does it matter for you as a real estate investor? When you invest in real estate, protecting your property is essential, especially in a bustling city like Houston. But what happens when someone occupies your property without your permission? This situation can be more than frustrating—it can challenge your … Read more
The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica. Investors claim the company, then known as Facebook, inflated share prices by failing to adequately disclose the risk that its user … Read more
