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A New Jersey man who ran an investment scheme that bilked 37 investors out of millions of dollars is headed to state prison.
China 9 Months Investment in Africa Rises 77.5% to $875 Million (Bloomberg)
Jan. 6 (Bloomberg) — Chinas investment in Africa in the first nine months of the year, excluding financial investments, rose 77.5 percent to $875 million, the Ministry of Commerce said on its Web site today.
Schloss Said to Take N.Y. Investment Post (New York Times)
Lawrence Schloss, the chairman and chief executive of private equity firm Diamond Castle, has agreed to become the next chief investment officer for New York City, peHUB reported.
