Bloomberg

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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.

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.

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
Fitch downgrades homebuilders

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

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.

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.

LIFE INSURANCE AND ANNUITIES JUN 10, 2008
Study: Ranks of underinsured have swelled

Some 25 million U.S. adults with health insurance in 2007 faced financial stress due to insufficient coverage.

FINTECH JUN 10, 2008
NYSE Euronext to partner with Progress

The exchange is attempting to provide its customers with complex event processing capabilities.

RETIREMENT PLANNING JUN 09, 2008
Advisers will need to master expanded products

Financial advisers face an array of challenges in the retirement market in the next decade.