Bloomberg

Bloomberg
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NEWS INDUSTRY NEWS SEP 28, 2007
Women climb ladder in the arts, finance, sports;willing to shift gears, work all night to pursue passion

RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 28, 2007
Insurer AIG to slash 600 jobs

AIG will trim 600 positions as one of its subsidiaries merges with 21st Century Insurance Group.

INVESTING ALTERNATIVES SEP 27, 2007
Report: Redemptions could bleed hedge funds

Hedge funds are about to see billions wiped out as investors take their money and run, the Financial Times reported.

INVESTING ETFS SEP 27, 2007
U.S. ETF assets top $507 billion

Total assets of the 546 ETFs listed in the U.S. rose 3.7% to $507.11 billion in August.

NEWS WIREHOUSES SEP 27, 2007
Analyst sees calamitous quarter for Merrill

Goldman Sachs analyst William Tanona expects Merrill's third-quarter earnings to decline by 89% to $208.9 million.

RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 27, 2007
LIMRA and LOMA to join forces

Two of the world’s largest insurance-and-financial-services trade organizations have announced plans to merge.

INVESTING ETFS SEP 27, 2007
PowerShares launches five ETFs

The PowerShares International Listed Private Equity Portfolio has generated quite a lot of buzz.

INVESTING MUTUAL FUNDS SEP 27, 2007
Vanguard floats new funds of funds

The Vanguard Group today filed for a new series of mutual funds designed to provide monthly payments to retirees.

NEWS INDUSTRY NEWS SEP 27, 2007
Firms have fighting chance with FINRA

B-Ds facing litigation from FINRA might be better off fighting rather than settling, according to a study.

NEWS INDUSTRY NEWS SEP 27, 2007
B-Ds slammed for fraudulent auction practices

The SEC has filed settled enforcement actions against two B-D firms and their CEOs for fraudulent auction practices.