Howard Kapiloff

Howard Kapiloff
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Bailout bunch draws ire of own investors: Lawsuites may follow 14 saviors hedge dredge for Meriwether fund
NEWS INDUSTRY NEWS SEP 28, 1998
Bailout bunch draws ire of own investors: Lawsuites may follow 14 saviors hedge dredge for Meriwether fund

The Hurricane George of the financial markets - the disaster of a hedge fund known as Long-Term Capital Portfolio LP - could prompt a storm of lawsuits against the 14 securities firms and banks that joined forces last week to bail it out.

NEWS INDUSTRY NEWS AUG 17, 1998
WHOLESALER PAY ROCKETS UP: BATTLE FOR ADVISERS BOOSTS TAKE-HOME TO $400G

Those in financial services like to call mutual funds commodities, because there are more than 8,000. And many liken those who market them to shoe salesmen or door-to-door encyclopedia salesmen.