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NEWS INDUSTRY NEWS JUL 09, 2010
LeBron should sign short deal, buy gold: Anti-inflation group

LeBron James, the National Basketball Association's Most Valuable Player the past two seasons, should sign a short-term contract and plow his wealth into gold and silver to protect himself against hyperinflation, according to the National Inflation Institute.

What does the stock market know about LeBron James' 'Decision'?
NEWS INDUSTRY NEWS JUL 09, 2010
What does the stock market know about LeBron James' 'Decision'?

Yesterday and today, he's moved the markets. And eventually, he will actually play basketball. But after tonight, all of the rumors about where LeBron James will play next year will finally come to an end – and so will the ride that one stock has had over the last two days because of all the speculation over King James' next move.

NEWS INDUSTRY NEWS JUL 09, 2010
Upshot of European debt dilemma? Good value bets

The sovereign-debt crisis in Europe is resulting in huge opportunities for value investors, speakers told attendees at Morningstar Inc.'s 22nd annual Investment Conference in Chicago last week.

Motion to block L'Oreal estate trial lacks foundation: Court
RETIREMENT RETIREMENT PLANNING JUL 09, 2010
Motion to block L'Oreal estate trial lacks foundation: Court

Elderly heiress loses bid to stop daughter from challenging $1.4B in gifts to younger man

NEWS REGULATION AND LEGISLATION JUL 08, 2010
Grocery distribution scam left investors holding the bag: Justice Department

Nevin Shapiro, the former owner of Capitol Investments USA Inc., was indicted for allegedly leading an $880 million Ponzi scheme keyed to a bogus wholesale grocery distribution business, the U.S. Justice Department said.

NEWS REGULATION AND LEGISLATION JUL 08, 2010
Incite: Fund managers' defense of 'two and 20' tax treatment doesn't add up

Members of Congress want to quash a tax break that favors fund managers. Guess what fund managers think of the plan?

Miami Heat cools investor interest in the Knicks
NEWS INDUSTRY NEWS JUL 08, 2010
Miami Heat cools investor interest in the Knicks

The Miami Heat cooled off investor interest this month in Madison Square Garden Inc., the company that owns the New York Knicks.

NEWS REGULATION AND LEGISLATION JUL 08, 2010
Little recourse for reps whose info was exposed by regulator

Advisers in Massachusetts whose personally indentifiable information was accidentally released by a state regulator likely have little recourse, experts say.

YOUR PRACTICE PRACTICE MANAGEMENT JUL 08, 2010
Wall Street hiring jumps most since 2008

The removal of uncertainty regarding Congress's financial reform bill may reinforce the employment rebound as some bankers are being offered guaranteed bonuses.

INVESTING MUTUAL FUNDS JUL 07, 2010
Flexible approach needed in regulating funds use of derivatives: ABA

Assessing risks from mutual funds' use of synthetics requires principals-based approach, group's task force tells SEC