June 7, 2005 |
The board of Amerindo Investment Advisors Inc., the money management firm whose founders have been charged with stealing client funds, said Monday that it had hired Munder Capital Management to oversee its sole mutual fund. Amerindo founders Alberto Vilar and Gary Tanaka were arrested last month and jailed. New York-based Amerindo removed Vilar, 64, and Tanaka, 61, as managers of the $103-million Amerindo Technology fund and said it was cooperating with the government's investigation of the men.
July 5, 2005 |
The recent woes of billionaire opera philanthropist and money manager Alberto Vilar, released from a New York jail on bail June 20 after languishing there for nearly a month, have had New York and London buzzing. But Los Angeles is surprisingly quiet. You'd expect to hear something from Los Angeles Opera, the recipient of a $12-million Vilar pledge that fell through.