Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil March 18, 2024 By Zachary R. Mider and Zeke Faux A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens...
Cuomo Criticizes Predatory Lending Approach Involving New York Courts January 16, 2019 By Zeke Faux and Zachary R. Mider New York Governor Andrew Cuomo is seeking to end his state’s role as the nation’s collections department for predatory loans...
New York Lawmakers Pledge to Change Laws That Enable Predatory Lending December 13, 2018 By Zachary R. Mider and Zeke Faux New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to...
Senators Seek Ban on ‘Confessions’ Tactic Used by Predatory Small Business Lenders December 7, 2018 By Zeke Faux and Zachary R. Mider Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from...
Paulson’s PaCRe Shuts Down After Investment Slump, Bermuda Tax Uncertainties January 13, 2016 By Sonali Basak and Zachary R. Mider Billionaire John Paulson’s New York hedge fund firm has shut an operation in Bermuda that had been targeted by a...
IRS Weighs Rules on Hedge Fund Managers’ Use of Reinsurance April 24, 2015 By Richard Rubin, Sonali Basak and Zachary R. Mider Hedge fund managers including billionaire John Paulson won’t immediately face new limits on their use of insurance in offshore tax...
Hedge Fund-Backed Bermuda Ventures Could Be at Risk From IRS April 24, 2015 By Richard Rubin, Sonali Basak and Zachary R. Mider Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from...
How 10% of S&P Firms ‘Reform’ Taxes on Their Own April 15, 2015 By Zachary R. Mider When it comes to taxes, corporate America is getting a bit less corporate. And a bit less American. Fueled by...