The rep claimed ex-colleagues spread lies about him, saying that he was headed toward a nervous breakdown.
Growth in the manufacturing sector slowed for the fifth consecutive month, according to the monthly Institute for Supply Management report.
An insurance policy that provides an income guarantee to holders of a unified managed account at Lockwood is in registration at the Securities and Exchange Commission.
Dennis Slusarski, Mr. Blumenthal’s predecessor, will assist through the leadership transition.
The Investment Management Consultants Association has named Garry Bridgeman president for 2008 and 2009.
The Investment Company Institute, the powerful mouthpiece of the mutual fund industry, is trying to torpedo the tax advantages of exchange traded notes, and industry insiders think that it has a pretty good chance of being successful.
As the market-timing scandals recede into financial history, the cautionary practices instituted in their wake could face the same fate.
While spending on technology in the financial-services sector won't reach double-digit growth next year, it's likely to outpace growth in spending by many other big sector groups.
These days, Legg Mason Inc. is a bit weak in the knees.
