Bloomberg

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ALTERNATIVES JUL 31, 2008
Marshals sell Bayou’s ill-gotten assets

While U.S. marshals were hunting down convicted hedge fund fraudster Samuel Israel III, their agency was busy recovering most of his firm's remaining assets.

RIA NEWS JUL 31, 2008
Deutsche, Prudential, Jackson Nat'l, Nymex

Deutsche Bank’s second-quarter net income fell 36% to $1 billion from $2.8 billion a year earlier.

RIA NEWS JUL 31, 2008
Massachusetts sues, settles over ARS

The state charged Merrill Lynch with fraud related to auction rate securities and settled a similar claim with UBS.

RIA NEWS JUL 31, 2008
GDP gains little ground

The economy grew at an annual rate of 1.9% in the second quarter, a slower growth rate than had been expected.

FIXED INCOME JUL 31, 2008
EMMA online to the rescue

The SEC has voted unanimously to help investors find free financial information about muni bonds on the Internet.

RIA NEWS JUL 30, 2008
Oppenheimer and others take 2Q tumble

A host of financial services companies reported their earnings today, with only one firm boasting black ink on its ledger.

LIFE INSURANCE AND ANNUITIES JUL 30, 2008
Finra floats VA marketing reform

Clients would be urged to obtain a personalized hypothetical illustration, revealing all applicable charges and fees.

RIA NEWS JUL 30, 2008
Pax socially irresponsible, SEC says

The socially concious mutual fund was fined $500,000 for violating investment restrictions.

LIFE INSURANCE AND ANNUITIES JUL 29, 2008
Insurance groups clash over regulation

Insurance industry representatives and regulators could not agree on moving ahead with comprehensive reform legislation.

ALTERNATIVES JUL 29, 2008
Home prices down 15.8% In May

The price of single-family homes in the country’s top 20 metropolitan markets posted the biggest year-over-year decline .