Bloomberg

Bloomberg
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WIREHOUSES JUN 27, 2007
Merrill sued for discrimination

The EEOC has sued Merrill Lynch on behalf of an Iranian national who alleges that the bank discriminated against him.

ALTERNATIVES JUN 27, 2007
Cantor Fitzgerald forms fund-of-funds unit

Cantor Fitzgerald of New York is entering the alternative asset management arena.

ALTERNATIVES JUN 27, 2007
'Ocean's 13' writers signed for hedge fund series

The screenwriting team behind "Ocean's 13" have signed on to pen a new HBO series that the producers of "Entourage" are developing about a group of hedge fund managers, according to Crain's Television Week.

WIREHOUSES JUN 27, 2007
Fee dispute to be heard by Supremes

The U.S. Supreme Court has agreed to hear a dispute on whether a tax code allows trusts to claim a full deduction for investment management fees.

INDEPENDENT BROKER DEALERS JUN 27, 2007
Woodbury Financial names president

Woodbury Financial Services, a top twenty independent-contractor broker-dealer, has promoted Walter White to president of the firm.

ALTERNATIVES JUN 26, 2007
Hedge honcho scores Hamptons bargain

The head of SAC Capital has gotten a nice price on his new home in the Hamptons, according to published reports.

LIFE INSURANCE AND ANNUITIES JUN 26, 2007
National Penn Bancshares to buy Christiana

National Penn Bancshares will acquire Christiana Bank & Trust Co. for about $56.5 million in stock and cash.

ALTERNATIVES JUN 26, 2007
GLG settles short-selling charges

GLG Partners of London has agreed to pay more than $3.2 million to settle charges of illegal short-selling.

LIFE INSURANCE AND ANNUITIES JUN 26, 2007
Dutch top court may lean to Barclays

An adviser to the Dutch high court said ABN Amro can sell LaSalle without shareholder approval.

INDEPENDENT BROKER DEALERS JUN 26, 2007
KKR said to seek B-D license

Looking toward an initial public offering, Kohlberg Kravis Roberts is seeking a securities broker-dealer license, TheDeal.com said.