For Private Deals, No One is Vetting the Vetters

From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide “due diligence” reports to help brokers decide whether to recommend the investments […] View the full post at: For Private Deals, No One is Vetting the Vetters Related posts: Tracking China’s Deals FDIC’s Bair Says Getting Innovative in Bank Deals S&P Downgrades Prime Jumbo MBS Deals