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...The turning tides were confirmed in December, when Stella Bugbee, New York Magazine editor-at-large and cultural bellwether, revealed she had been living with her parents for the past 16 years, a fact she...
...Robert Bugbee, chief executive of Scorpio Bulkers and Scorpio Tankers, two listed shipowners, sardonically thanked private equity firms for their “charitable contributions”....
...Many of Scorpio’s ships would be identical, which creates economies of scale, Mr Bugbee said....
...Connie Bugbee, managing editor of iMoneynet, said: “It’s a challenging time for the industry as yields are low and the new rules mean there are less eligible securities that can be bought.”...
...Ms Bugbee also notes that muni cash funds tend to closely track Libor, the rate at which banks loan to one another, which recently was at 5.33 per cent....
...Still, some analysts expect the most likely outcome of the crisis to be simply increased transparency about the types of investments money funds hold and more explicit investor education, says Connie Bugbee...
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