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In recent news, Wells Fargo Asset Management announced obtaining a minority stake in privately held hedge fund firm, The Rock Creek Group, based in Washington, D.
FORBES: Guru Lou Simpson's Top-Yielding Stocks
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The stake provides Wells Fargo an opportunity to increase businesses in alternative investments solutions between Rock Creek and its clients, hoping to obtain additional ownership interests in the long-term.
FORBES: Guru Lou Simpson's Top-Yielding Stocks
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If he is rejected, the message to future public servants will be clear -- never rock the boat, always go along with the majority, never stake out an independent position, never take a principled stand and above all, never annoy a powerful enemy.
CNN: Don't punish Obama for picking a maverick