Okay, So Bono's Investors Haven't Found What They're Lookin'
by Tom Nakashima,posted Mar 30 2010 11:47AM
24/7 Wall Street has named Bono the “Worst Investor in America” for the nearly half million dollars he and his investment firm Elevation Partners sunk into smart phone maker Palm. The financial journal says Elevation Partners is “arguably the worst-run institutional fund of any size in the United States.” Okay, they made bad choices… of course this is hugely embarrassing for one of the best known rockers on the planet. But at least he’s put a lot of time and money into helping other people. That’s more than you can say about some other self-important attention whores.