by Gretchen Morgenson, The New York Times Bill Parish, a registered investment adviser at Parish & Company in Portland, Ore., is a big fan of Intel and owns its shares for his clients. In an interview, he characterized Intel’s retirement plan as “great” but said it would be even better if it jettisoned the hedge … Continue reading Intel Lawsuit Questions Place of Hedge Funds in Retirement Plans
Tag: 2015
By Gretchen Morgenson - November 20, 2015 "We push the boundaries." That's how Intel Corporation, the respect Silicon Valley computing giant, describes its role as an innovator and creator of value for shareholders, customers and society. The case against Intel has a different twist. At its heart is this question: Should hedge funds, private equity … Continue reading The New York Times – Intel Lawsuit Questions Place of Hedge Funds in Retirement Plans
Disclosure and Media Development Background: Parish & Company maintains no speculative investments in the health care companies discussed and does not collaborate with any private equity or hedge funds. It's goal is to identify high quality health care opportunities suitable for long term oriented investment. This effort includes providing high quality news material to leading … Continue reading Private Equity and Hedge Funds Employ Enron’s Tricks to Manipulate Health Care Grid
Disclosure: Parish & Company maintains no ties to any of the Presidential candidates. The purpose of this post is to summarize the major candidates tax returns and related financial disclosures. Given that both the Clinton and Bush campaigns have issued reports using the Scribd service, which prohibits printing the entire documents, as a public service, … Continue reading Clinton, Bush and Fiorina Tax Return Reviews
By Mark Maremont, The Wall Street Journal In a blog posting, Bill Parish, a Portland, Ore., investment adviser, called Mr. Bush’s pension plan “aggressive,” in part because the defined-benefit plan assumes a retirement age of 62. That allowed Mr. Bush, who turned 62 in February, to shelter more money more quickly than if the plan … Continue reading Jeb Bush’s Pension Cut His Taxes
By Mark Maremont - July 2, 2015 In the tax returns he released Tuesday, GOP presidential candidate Jeb Bush reported large deductions for payments to “pension and profit-sharing plans.” The payments averaged $350,000 a year for the past five years, far more than most people could contribute to an individual retirement account or 401(k) plan. … Continue reading The Wall Street Journal – Pension Plan Cut Jeb Bush’s Taxes
Update: Within 2 days of this initial post the Wall Street Journal, Washington Post and numerous other major publications did extensive stories on this post. Disclosure: Parish & Company maintains no ties to any Presidential candidate and has a long history of impartial analysis regarding the financial disclosures of political candidates at the local, statewide … Continue reading Jeb Bush Tax Returns – A Closer Look at Unreviewed Companion Documents
By Richard Rubin and Margaret Collins - June 16, 2015 It’s one of the sweetest employee perks in the hedge-fund world: a chance to invest in Medallion, the wildly profitable fund created by market legend James Simons. Now, with deft legal maneuvers and a blessing from Washington, the firm Simons started is giving its employees … Continue reading Bloomberg – How an Exclusive Hedge Fund Turbocharged Its Retirement Plan
by, Richard Rubin and Margaret Collins, Bloomberg “The issue is tax fairness,” said Bill Parish, an investment adviser in Portland, Oregon, who has written on his blog about Renaissance. “To the extent that they’re eliminating taxes by stuffing deals in their retirement accounts, the rest of us end up paying more.” Read full story here: … Continue reading How an Exclusive Hedge Fund Turbocharged Its Retirement Plan
Disclosure: This post is the first of several regarding the 2016 Presidential candidates. One post will be done on each major candidate and the focus will be their primary financial backers and their respective foundations. Bill Parish maintains no ties to any candidate nor does he have knowledge of any client owning positions in private … Continue reading Blackstone’s Tony James and Renaissance Technologies Jim Simons, Top Financial Engineers, Back Hillary Clinton Campaign