Next Investment Vehicle: Securitization of Children’s Allowances
‘[T]he securitization of royalty income.’
� From the Web site of hedge fund alseT IP, which pays a lump sum for the rights to future patent revenue (“Private Equity Helps Fuel IP Wars”)
Yet Nothing So Moves a Politico as the Prospect of Power Lost
‘The governor and the Legislature are free tomorrow to adopt a plan that will make both of us go away. … But there isn’t any evidence that that is going to happen.’
� U.S. District Judge Lawrence Karlton, pondering whether to convene a panel that could impose prison population caps on the state (“Judges Edge Toward Cap on Prisoners”)
