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Doug Cubberley

Doug was Assistant Managing Editor at InvestmentNews from 2010 to 2012, before moving on to Investopedia.com as Senior Supervising Editor. Connect at: Linkedin

Displaying 399 results

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SEC scrutinizing billionaire hedge fund manager Phil Falcone

Harbinger Capital's Phil Falcone is being scrutinized by the SEC for allegedly borrowing client funds to pay taxes and giving preferential treatment to Goldman Sachs

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Stifel said to be in exclusive talks to buy Morgan Keegan

Stifel Financial Corp. is in exclusive talks to buy Regions Financial Corp.'s Morgan Keegan brokerage after prevailing over private-equity bidders, said people with knowledge of the matter.

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Financial planner involved in NBA players’ union probe: Report

Union paid $4.8M to members of union chief's family for financial planning, legal services

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SEC approves NYSE’s program to lure orders from individuals

The New York Stock Exchange's plan to lure more stock orders from individuals was approved by the U.S. Securities and Exchange Commission, dealing a setback to Wall Street firms that increasingly keep the business for themselves

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Recession reduced wealthy’s income while raising tax rate

A CBO report has found that the before-tax income of top earners fell by 36.3% between 2007 to 2009 while their tax rate rose

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Genworth cuts ‘humbled’ CEO’s bonus as insurer misses targets

Genworth Financial Inc. cut Chairman and Chief Executive Officer Michael Fraizer's annual bonus to a third of his target as the life insurer and mortgage guarantor failed to meet its goals.

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World’s wealthiest people ended last week $3B richer

What economic crisis? A Swedish retail mogul's holdings surged almost 10% last week and Larry Ellison is buying a Hawaiian island

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PFG customers clamber to sell claims at 25 cents or less

Quotes of 22 cents on the dollar to 25 cents were given to half a dozen Peregrine customers who called CRT Capital Group LLC, which buys and sells distressed debt.

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Peregrine chief Wasendorf lied to regulators, U.S. charges

Peregrine Financial Group Inc. Chief Executive Officer Russell Wasendorf Sr. said in a signed statement linked to his suicide attempt that he committed fraud for two decades at his Cedar Falls, Iowa-based company, according to a federal complaint.

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Gundlach bond fund attracts most investor money in first half

DoubleLine Capital LP’s Total Return Bond Fund attracted the most money among U.S. mutual funds this year through…