Artificial Intelligence and the Stability of Markets
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms. …
More Signs of Private Equity Market Frenzy: Firms Selling Stakes
The article also touted infrastructure as a new growth area. But as we’ve written, infrastructure deals are getting a deserved bad name in the US. …
Mutual Funds Cut Uber Valuation by as Much as 15%
Since then, the reports from the Uber side as to where SoftBank stands have kept shifting, and its allies can’t keep their story straight. …
Private Equity Firms Sued Over Retailer Bankruptcies
Gymboree’s June bankruptcy filing occurred days after it couldn’t make a semiannual interest payment on debt dating back to Bain Capital’s $1.8 billion 2010 buyout. …
The Retirement Wealth Inequality Machine
Thus, how such programs are set up and administered is likely to merely expand financial asset management fees while collecting taxes and penalties to boost the treasury. …
