Mar 18 Why Are Pension Funds Investing in Hedge Funds? Question: Why were pension funds allowed to “invest” in a hedge fund? Hedge funds are nothing more than gambling. Paul Solman: Because pension funds are supposedly big enough and therefore sophisticated enough to know what they’re doing and take considered… Continue reading
Nov 12 Watch Immigration Shapes Las Vegas' Political, Economic Growth Although Las Vegas is internationally known as an entertainment capital, job growth has spurred a population and development boom in the city. As part of the Big Picture election series, Ray Suarez looks at the changing demographics of the city's… Continue watching
Oct 16 Watch President Bush Signs Law Banning Internet Gambling President Bush's signing of the Unlawful Internet Gambling Enforcement Act bans the use of credit cards, checks, and electronic transfers to place bets on gambling websites on the internet. Analysts discuss the implication of the recent law. Continue watching
Jul 06 Watch New Jersey Governor, Legislature Reach Budget Deal New Jersey Gov. Jon Corzine and state lawmakers reached a budget agreement Thursday, ending a six-day shutdown of the government and Atlantic City's state-inspected casinos. Continue watching