Bloomberg

Bloomberg
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ALTERNATIVES JUN 13, 2008
Foreclosure rates jump 7% in May

The data from RealtyTrac also showed a 48% increase in foreclosures year over year.

FINTECH JUN 13, 2008
NYSE proposes modernizing rules

NYSE Euronext filed proposed rules meant to allow the institution to become more competitive and efficient.

FINTECH JUN 13, 2008
WealthStation 3.0, InfoStreet, SecurID 1100

SunGard Data Systems today released version 3.0 of its WealthStation wealth management platform.

RIA NEWS JUN 12, 2008
Retail sales up in May

Sky-high gas prices goosed retail sales in May, the Commerce Department reported.

ETFS JUN 12, 2008
Rydex launches inverse ETFs

Select Sector ETFs aim to offer magnified and inverse exposure to indexes in the energy, financial, technology and health-care sectors.

ALTERNATIVES JUN 12, 2008
Spitzer mulls real estate career path

Eliot L. Spitzer, former scourge of Wall Street, is thinking of starting a vulture fund, according to published reports.

LIFE INSURANCE AND ANNUITIES JUN 11, 2008
Lucido chosen as Mass Mutual’s CCO

Massachusetts Mutual Life Insurance has picked Bradley J. Lucido as its chief compliance officer.

ALTERNATIVES JUN 11, 2008
Bayou's Israel: suicide or fugitive?

Police are investigating the disappearance and possible suicide of Samuel Israel III, CEO of defunct hedge fund Bayou.

ALTERNATIVES JUN 11, 2008
Fitch downgrades homebuilders

Fitch Ratings Inc. downgraded eight publicly traded homebuilders but affirmed ratings on five others.

LIFE INSURANCE AND ANNUITIES JUN 10, 2008
Legislators backs federal insurance regulator

A proposed Office of Insurance Information would just be the first step toward creating a federal insurance regulator.