Investors in Bear Stearns’ two failed hedge funds have lost their money and will probably not get it back, according to published reports.
Global credit derivatives totals spiked 113% in 2006, but that streak is threatened by recent hedge fund disasters.
The SEC chief wants Congress to mandate more oversight of the $2.4 trillion municipal bond market.
Only 38% of consumers think the U.S. will be the world economic leader in ten years, but few plan on investing abroad.
Insurance provider Assurant put its CEO and CFO on administrative leave after regulators notified the two executives that they may face civil charges.
Willis Group Holdings. today agreed to reimburse about $2.6 million to cities and counties throughout Florida.
The Department of Labor has proposed that investments be allowed as default options in 401(k) plans.
Fidelity Investments has appointed Rodger Lawson as the president of FMR Corp., the group's holding company.
The largest B-D network will fold American General Securities of Houston into AIG Financial Advisors of Phoenix.
The Robin Hood Foundation is under scrutiny by Congress for investing charitable money into its donors’ and members’ hedge funds, Bloomberg reported.
