Bloomberg

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EMERGING MARKETS MAY 05, 2010
Bill Gross: It's now time for Greece to restructure

Greece needs to reduce the nation's debt through a restructuring and impose deep spending cuts to exit its fiscal crisis, according to Pacific Investment Management Co.'s Bill Gross.

RIA NEWS MAY 05, 2010
Did Goldman dump its dregs on clients? Internal emails offer clues

Newly released internal emails seem to show that the Wall Street titan looked to sell bonds the firm found too risky to hold

E-mails shed unflattering light on Goldman CDO sales
RIA NEWS MAY 05, 2010
E-mails shed unflattering light on Goldman CDO sales

Goldman Sachs boss Lloyd Blankfein is testifying in Congress today. Yesterday, a Senate panel released Goldman e-mails that may not enhance the firm's reputation with some clients

ALTERNATIVES MAY 05, 2010
Setback in Bear Stearns case may force gov't shift

The swift acquittal of two Bear Stearns executives in the government's criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts say.

RIA NEWS MAY 04, 2010
Waiving commissions on ETFs not a big draw, study finds

Firms need not offer exchange-traded funds commission-free — or at a discount — to accumulate ETF assets.

RETIREMENT PLANNING MAY 03, 2010
Buffett takes a bath: How much did the Berkshire billionaire lose today on Goldman?

The value of Warren Buffett's options to buy Goldman Sachs Group Inc. shares dropped by $950 million after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market.

LIFE INSURANCE AND ANNUITIES APR 30, 2010
Want a simple prospectus for variable annuities? No can do, says SEC official

While investors and advisers have crowed about the density of variable annuity prospectuses, officials at the Securities and Exchange Commission say that the products are generally too complex to describe in abbreviated set of disclosures.

REGULATION AND LEGISLATION APR 30, 2010
Adviser (and Bernie Madoff's neighbor) charged with $25M fraud

Donald Anthony Young, an investment adviser who headed Acorn Capital Management LLC, was charged with running a $25 million Ponzi scheme, prosecutors said.

Latest mutual fund frenzy? Interest-rate hedges
RIA NEWS APR 29, 2010
Latest mutual fund frenzy? Interest-rate hedges

Retail investors are flocking to new funds from BlackRock, Goldman Sachs and others that offer some protection against rising rates.

RIA NEWS APR 29, 2010
Firm missed chance to stop broker's $141M loss

MF Global Holdings Ltd. missed a shot in January 2008 to stop the broker whose unauthorized trades a month later cost the firm $141 million and helped start a slide that wiped out $3 billion in shareholder equity.