Weekend Giant Reading: October 24 – 26, 2014

It’s the weekend, which means I’ve found some interesting stories for your reading enjoyment.

Trading At The New York Stock Exchange (NYSE)

An actor dressed as the character Iron Man poses for pictures at the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, April 30, 2013. U.S. stocks fell as business activity unexpectedly shrank in April for the first time in more than three years, offsetting a rise in confidence among American consumers. Photographer: Scott Eells/Bloomberg

Scott Eells/Bloomberg

It’s the weekend, which means I’ve found some interesting stories for your reading enjoyment:

- Direct Investing: The Korea Investment Corporation has reported some rather low returns for its relatively new direct investing program; suggests the poor performance may be due to the fact that it didn’t know what it was doing...

- The Green Machine: Sweden’s AP2 will cut coal and oil companies to reduce the financial risks of climate change.

- The Fee Machine: “Fees are not trade secrets”, says someone who is clearly new to private equity...

- Breakups: Dear Goldman Sachs and Libya Investment Authority: Thanks for the memories.

- Venture Capital: This VC behavior could be problematic: “I’m just so interested in anything that gets me closer to an Iron Man suit.”

- Alignment: Without admitting wrongdoing in the bid-rigging scandal, Carlyle kind of admitted wrongdoing in the bid-rigging scandal by agreeing to pay a settlement of $115 million. Justice served? As it turns out, Carlyle isn’t paying anything. Its LPs are paying...

Have a great weekend!

Sweden Korea Investment Corporation Libya Investment Authority Goldman
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