Bloomberg

Bloomberg
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INVESTING ALTERNATIVES APR 16, 2008
$3.7 billion man tops hedge fund list

Paulson & Co.'s John Paulson was paid $3.7 billion in 2007, surpassing George Soros, who received $2.9 billion.

NEWS INDUSTRY NEWS APR 16, 2008
Consumer prices rise across the board

Consumer prices rose by 0.3% in March, led by rising costs in energy, food and transportation.

NEWS INDUSTRY NEWS APR 16, 2008
JPMorgan Chase beats Street

JPMorgan, Wells Fargo, BlackRock and Knight showed first-quarter profits, while Piper Jaffray swung to a loss.

NEWS INDUSTRY NEWS APR 15, 2008
First quarter earnings drop 79% at Bear

Before JPMorgan stepped in to buy Bear Stearns at a bargain basement price in March, the firm was already flailing.

INVESTING ALTERNATIVES APR 15, 2008
Bayou 'mastermind' gets 20-year sentence

Samuel Israel III, former CEO of the defunct Bayou hedge fund, was also ordered to pay $300 million in restitution.

NEWS INDUSTRY NEWS APR 15, 2008
Wholesale prices climbed 1.1% in March

The increase in the producer price index was the largest increase since the it rose 2.6% in November 2007.

RETIREMENT LIFE INSURANCE AND ANNUITIES APR 15, 2008
Gen Re CEO steps down

Joseph P. Brandon, chairman and chief executive of General Re Corp., left his post following a rocky court case.

INVESTING ALTERNATIVES APR 15, 2008
Best practices for hedge funds proposed

Hedge fund managers prepared one set of recommendations; investors with money in the funds compiled the other.

NEWS INDUSTRY NEWS APR 15, 2008
State Street, Charles Schwab, Northern Trust

State Street posted a 69% increase in profit for the first quarter, helped by $600 billion in new assets.

YOUR PRACTICE FINTECH APR 14, 2008
Firms bolster efforts to combat identity theft

As identity theft continues to wreak havoc on the American public, including those in the financial services industry, firms are rushing to patch up holes in their online defenses with the newest software and processes.