Thank you to the loyal readers and supporters of The Colorado Independent (2013-2020). The Indy has merged with the new nonprofit Colorado News Collaborative (COLab) on a new mission to strengthen local news in Colorado. We hope you will join us!
With a completely straight face, a very nice fellow at a New Years Eve party told me his investment adviser was racking up 40 percent returns on his portfolio. The other guests audibly gasped and then asked if the adviser was Bernard Madoff's younger brother?
In a year when the Dow Jones plunged to near record levels — losing 34 percent of its value in a single year — the lure of get-rich-quick schemes seem to have no end in sight for newly energized SEC regulators, according to Bloomberg News.