money management

New York City effectively spends a lot of money each year on money management and other financial services.

Money-management assignments are often doled out less on merit and more on personal connections.

George Soros, slightly frail, at 82, is no longer active in the money-management business.

Founder Paul Singer is known both for his superb money management and his harsh criticisms of the Obama administration.

He is also a strategist with Ten Asset Management, a Southern California institutional-money-management firm.

There is another member in the system inseparably connected with this money management.