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NEWS INDUSTRY NEWS AUG 18, 2010
Second recession? Bull, says Warren Buffett

Berkshire Hathaway boss all pumped up about U.S. economy; 'night and day' from a year ago

INVESTING ETFS AUG 18, 2010
Two more firms pull the plug on ETFs

Grail Advisors, Claymore Securities bag several smaller funds; more firms to follow suit?

NEWS INDUSTRY NEWS AUG 18, 2010
Investor pessimism? Hop on stocks, says Kenneth Fisher

Billionaire investor says now is the time to get into the market; commodity producers particularly attractive

INVESTING FIXED INCOME AUG 18, 2010
Gov't bonds are anything but 'risk-free': First Eagle's McLennan

Buyers of government bonds beware. Efforts by central banks to stimulate the global economy are distorting bond and currency prices and causing potential economic dislocation, according to Matthew McLennan, a portfolio manager for the First Eagle family of funds.

NEWS INDUSTRY NEWS AUG 18, 2010
U.S. faces 'painful period' due to debt, says Berkshire's Sokol

The next five years will be tough, as homeowners and governments unwind debt built up during the housing boom, Berkshire Hathaway Inc.'s David Sokol said today.

Finra fines Morgan Stanley $800K over 'deficient conflict of interest' disclosures
NEWS REGULATION AND LEGISLATION AUG 18, 2010
Finra fines Morgan Stanley $800K over 'deficient conflict of interest' disclosures

Morgan Stanley, owner of the world's largest brokerage, will pay $800,000 to settle regulatory claims that it didn't disclose research analysts' conflicts of interest to investors.

UBS will seek to have $81M Finra ruling overturned
NEWS REGULATION AND LEGISLATION AUG 18, 2010
UBS will seek to have $81M Finra ruling overturned

UBS AG, the largest Swiss bank, will seek to reverse a ruling requiring it to pay a U.S. company for business lost when its funds were tied up during the collapse of the auction-rate securities market two years ago.

A sweet buy: Hershey options
INVESTING ALTERNATIVES AUG 17, 2010
A sweet buy: Hershey options

Investors should purchase Hershey Co. options because their prices don't reflect the high probability that Nestle SA will bid for the candymaker, according to Capstone Global Markets LLC said.

NEWS REGULATION AND LEGISLATION AUG 17, 2010
SEC: Investment scam quickly took in more than $1M

Federal regulators say it was too good to be true: A Detroit-area woman is accused of collecting more than $1 million from investors who were told they would earn at least 10 percent a month.

INVESTING EQUITIES AUG 17, 2010
Tea Party may hold key to second-half market rally

Growing dissatisfaction among conservatives and independents with President Barack Obama before this year's midterm elections is good news for stock investors if history is any guide.