Thanks for visiting the site. You are probably wondering, how in the heck is the site pronounced? Well, it rhymes with epiphany so consider yourself enlightened to a completely different way of looking at money.
A prosecutor says disgraced financier Bernard Madoff violated bail conditions by mailing about $1 million worth of jewelry and other assets to relatives. Madoff's lawyer, IRA Sorkin, described the items as heirlooms that included cufflinks and antique watches. Sorkin said they were not significant assets.
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Remember the good years when start-ups were popping up everywhere and making big dough in the IPO market? Remember when venture capital and private equity firms were all the rage? Welcome to the new world order.
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Quote of the Day:
"A successful person is one who can lay a firm foundation with the bricks that others throw at him."-David Brinkley