- A Tampa-based fund manager is scheduled to plead guilty this week to investment fraud in relation to $9 million worth of Facebook Inc. stock that he purchased on behalf of investors, then sold and was caught short when the stock price rebounded. Gignesh Movalia, managing member of OM Global Investment Fund, earned less than $30,000 from the entire venture
- Making a gutsy call on the commodity rout. Embrace it at your own risk. Reading the tea leaves from a market beat-down
- Morningstar dropped the hammer on mutual funds in July, issuing more downgrades than upgrades during the month. Three up, five down
- Carl Icahn gives the nod to Chinese Energy (LNG) in a unique play on a booming U.S. market. Positioned to be a big buyer in U.S. natural gas
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.
Facebook stock-fraud venture lands fund manager in hot water
Plus: Buy commodities now at your own risk, Morningstar gets downgrade happy, and Icahn goes long Chinese Energy
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