Bloomberg

Bloomberg
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NEWS REGULATION AND LEGISLATION SEP 06, 2007
Carried-interest tax hike slammed

Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.

NEWS INDUSTRY NEWS SEP 06, 2007
LPL continues buying binge

The biggest B-D is buying Independent Financial Marketing Group from Sun Life Financial.

NEWS INDUSTRY NEWS SEP 06, 2007
Tibergien moves to Pershing

In a marketing and business coup, Pershing has hired Mark Tibergien, a leading consultant in the industry.

RETIREMENT TAX SEP 05, 2007
Investment banker gets 50 months in prison

The chairman of Josephberg Grosz & Co. was sentenced to four years and two months in prison for evading tax payments on the sale of tax shelters.

NEWS WIREHOUSES SEP 05, 2007
Vanguard cuts costs on no-load funds

The firm has added services for shareholders that invest in its $100,000 no-load, low cost mutual funds.

INVESTING ETFS SEP 05, 2007
Van Eck agri-ETF says 'MOO'

Van Eck Global launched the Market Vectors-Agribusiness ETF on the American Stock Exchange today.

RETIREMENT RETIREMENT PLANNING SEP 05, 2007
Congressman to launch 401(k) disclosure plan

More voices are joining the discussion of how best to disclose the costs of 401(k) plans to the employees who participate in those plans.

NEWS REGULATION AND LEGISLATION SEP 05, 2007
Carried tax plan ignites debate

Senate hearings on taxing-carried interest begin tomorrow, but reports predicting its impact are out now.

NEWS WIREHOUSES SEP 05, 2007
Fidelity launches Retirement Income Evaluator

Fidelity debuted a Web-based tool designed to help advisers create and manage retirement income plans for their clients.

INVESTING ALTERNATIVES SEP 05, 2007
Holders in tapped funds want to replace bear

A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.