Bloomberg

Bloomberg
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INVESTING FIXED INCOME AUG 07, 2008
Industry group to address credit risk

In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.

INVESTING ALTERNATIVES AUG 07, 2008
Hedge fund index falls

The Hennessee Hedge Fund Index slipped 1.95% last month and was down 3.23% for the year-to-date.

INVESTING ALTERNATIVES AUG 07, 2008
Pending sales index reports increases

The pending-home-sales index rose 5.3% in June, after hitting a six-year low in May, according the National Association of Realtors.

NEWS INDUSTRY NEWS AUG 07, 2008
Euro central bank leaves rates unchanged

The European Central Bank — the central bank for the Eurozone currency area — today decided to leave its three key benchmark interest rates unchanged.

INVESTING MUTUAL FUNDS AUG 07, 2008
Newsletter releases ‘Fund Lemon List’

Products of some top fund companies included on Doug Fabian's roster.

INVESTING ALTERNATIVES AUG 06, 2008
Israel pleads guilty to jumping bail

Samuel Israel III, founder of Bayou Group LLC, pled guilty to charges related to his attempts to jump bail and flee.

RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 06, 2008
Gabelli to raise $200M for buyouts

Mario Gabelli plans to raise $200 million to buy a financial services, media or telecommunications company.

NEWS INDUSTRY NEWS AUG 06, 2008
Securities America acquires Brecek & Young

Ameriprise Financial Inc. has made a splash in the roiling M&A acquisitions market for independent broker-dealers.

NEWS INDUSTRY NEWS AUG 05, 2008
Société Générale, Swiss Re, Northern Rock

Net income at the Société Générale slipped to $1 billion from $2.36 billion in the 2007 second quarter.

RETIREMENT TAX AUG 05, 2008
Intentionally flawed trust offers tax savings

Consider a sale of assets to an intentionally defective grantor trust for the benefit of multiple younger generations.