WALL STREET BIGWIGS HANG WITH OBAMA AT NYC FUNDRAISER: Top hedge fund managers, private equity honchos, investment bankers and other Wall Streeters attended a Democratic Party fundraiser featuring Obama last night at the NYC home of Blackstone exec Tony James. Read more
BYE BYE FANNIE AND FREDDIE: The U.S. plan to wind down government-owned mortgage giants Fannie Mae and Freddie Mac is great news for investors. Here’s why. Read more
BIG DATA’S SECRETIVE BIG BROTHER: Palantir Technologies is not only the most secretive company in Silicon Valley, it also has close to a billion in financing and a valuation of more than $9 billion. Peter Thiel is a big investor, and there are questions if and when it will go public. It’s not very public about anything it’s doing, but recently sold the SEC software designed to detect insider trading and other financial illegal activity. Read more
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