Tag: Pensions and Retirement Plans

In Argentina’s Debt Negotiations, a Kinder, Gentler Capitalism Faces a Test

LONDON — Laurence D. Fink presents himself as the vanguard of a progressive form of capitalism in which profits are not everything: The enlightened money is supposed to press for environmental and social protection. As the chief executive of BlackRock, the world’s largest investment management company, Mr. Fink oversees more than $7 trillion. He has […]

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Chatham Hedge Fund Has the Winning Bid for McClatchy Newspapers

After years of declines in revenue and print circulation, the McClatchy Company, one of the largest and most respected news publishers in the country, announced on Sunday that it expected to be bought by Chatham Asset Management, a New Jersey hedge fund, at the conclusion of a bankruptcy auction. The announcement, which signals an end […]

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At a Time of Financial Stress, 401(k) Fees Matter More Than Ever

John C. Bogle, founder of the Vanguard Group, had a mantra throughout his long career in the mutual fund industry: “Costs matter.” The amount of fees you pay to a third party to manage your money eats into your retirement savings. That has never been more important, although it is probably not foremost on your […]

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