Continue Reading The world’s richest 26 billionaires now have as much money as the poorest 3.8 billion people on the planet, figures show. Something needs to be done.

The world’s richest 26 billionaires now have as much money as the poorest 3.8 billion people on the planet, figures show. Something needs to be done.

Oxfam’s new report, “Public Good or Private Wealth”, shows how the growing gap between rich and poor is undermining the fight against poverty, damaging our economies and fueling public anger across the globe….

Continue Reading Goldman and Morgan Stanley Want to Lend the Ultra-Rich More Money

Goldman and Morgan Stanley Want to Lend the Ultra-Rich More Money

For Goldman Sachs Group Inc.’s millionaire clients, it can take the firm 5 minutes to underwrite a loan to start a new business or pay down taxes. At Morgan Stanley,…