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Transcript: Ilana Weinstein

The Big Picture

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. WEINSTEIN: I do, Barry. RITHOLTZ: Right.

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How to CRACK the secret costs in an insurance illustration

Sara Grillo

Quick math: If you have $1.828 million in the bank. It’s impossible to figure out from the illustration – it can only be determined based upon this supplemental report that is usually not asked for by the fiduciary financial advisor or the client. And , you have to do the math by hand. There is an admin charge of about $49k.

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Transcript: Gretchen Morgenson

The Big Picture

Her last book was a bestseller, “Reckless Endangerment” is all about the mortgage crisis. The current book is called “These Are the Plunderers, How Private Equity Runs and Wrecks America” That’s a little bit of a sensationalistic headline. “Hey, I’m going to write a book in 40 years.”

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