Bloomberg

Bloomberg
Displaying 13183 results
Americans on financial reform bill: Thumbs down
RIA NEWS JUL 28, 2010
Americans on financial reform bill: Thumbs down

Backers of the Dodd-Frank bill, which will be voted on this week, say the measure will prevent another financial crisis while protecting the assets of the American public.<br> Said public isn't buying.

Sin stocks: One reason it's good to buy bad
RIA NEWS JUL 28, 2010
Sin stocks: One reason it's good to buy bad

Dividend yields are starting to make sin stocks difficult to ignore, according to Jeff Middleswart, manager of the Vice Fund Ticker:(VICEX).

PRACTICE MANAGEMENT JUL 28, 2010
Two traders arrested over alleged $1.3 billion scam

The FBI said Wednesday the operators of a Connecticut-based company have been arrested in New York on securities fraud charges.

FIXED INCOME JUL 27, 2010
Fugitive who bilked Pimco, others found 'living in the lap of luxury'

Rebecca Parrett, who bilked Pimco and others out of $3 billion, had been on the lam since March 2009. Yesterday, she was arrested in a Mexican resort. Said a U.S. Marshal: 'For somebody who was on the run, it was pretty good.'

REGULATION AND LEGISLATION JUL 27, 2010
SEC says adviser deceived retirees about 'low-risk' investments

Agency claims investment adviser pitched funds as 'immensely' diversifed; turns out they weren't, agency alleges

Brazen Ponzi artist scammed FBI, IRS agents for two decades
RIA NEWS JUL 27, 2010
Brazen Ponzi artist scammed FBI, IRS agents for two decades

For more than two decades, scammer Kenneth Wayne McLeod gave seminars and managed money for U.S. law enforcement officials. Finally, the law caught up with him.

REGULATION AND LEGISLATION JUL 27, 2010
Adviser who allegedly scammed retirees booted out of securities biz

SEC says Sandra Venetis targeted retirees in long-running fraud; allegedly used money for trips, gambling

RIA NEWS JUL 27, 2010
From the best seat in the house to the big house: Ponzi artist to plead guity

Shapiro to cop to $880M fraud; used illegal gains to, among other things, purchase floor seats at Miama Heat games

RIA NEWS JUL 27, 2010
Legg Mason tabs new retail distribution exec

Legg Mason Inc. named Tom Hirschmann to head of its institutional unit in the U.S., replacing Kim Mustin, who is leaving the asset-management firm.

Revealed: Millionaires' top stock and favorite mutual fund
RIA NEWS JUL 27, 2010
Revealed: Millionaires' top stock and favorite mutual fund

A survey of Tiger 21 members offers an intriguing glimpse into what millionaires do with their millions