Bloomberg

Bloomberg
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RIA NEWS OCT 19, 2009
Investors waiting for more clues about consumers

After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights into the outlook for the economy.

REGULATION, LEGAL & COMPLIANCE OCT 19, 2009
SEC busts a 'master of deceit' in $14M Ponzi scheme

Three men are accused of running a Ponzi scheme that scammed more than $14 million from hundreds of Haitian-American investors in South Florida and New Jersey.

FIXED INCOME OCT 19, 2009
Finra fined Morgan Stanley $90K for unfair trading practices

Morgan Stanley has agreed to pay a $90,000 fine to the Financial Industry Regulatory Authority Inc. to settle charges that it traded municipal bonds at unfair prices.

OPINION OCT 19, 2009
If You Are a $350,000 Wire House Producer......

There is no Big Deal for you right now at a Big Firm. Time to get pragmatic.

FIXED INCOME OCT 19, 2009
Carl Icahn offers CIT Group $6 billion loan

Billionaire investor Carl Icahn offered a $6 billion lifeline to struggling lender CIT Group Inc., one of America's largest lenders to small and mid-sized companies.

RIA NEWS OCT 19, 2009
Market rebound may be illogical, but 'ignore it at your own peril,' manager of $1.7B strategy warns

Barring some major corporate-earnings disappointments over the next several days, there is reason to believe that investors will continue to reward companies for anything that looks like good news, according to Uri Landesman, head of global growth at ING Investment Management Americas.

MUTUAL FUNDS OCT 19, 2009
Skin deep: Most portfolio managers avoiding their own funds

So much for having some skin in the game. While investors typically like to see that mutual fund managers are eating a bit of their own cooking and investing in the funds they run, it turns out that the majority of fund managers actually do not have a single dollar of their personal assets in their funds.

RIA NEWS OCT 18, 2009
"Auction' e-mails don't rate with Finra

The Financial Industry Regulatory Authority Inc. is warning investors to be on the lookout for scam e-mails that promise refunds of $1.5 million to auction rate security investors.

LIFE INSURANCE AND ANNUITIES OCT 18, 2009
Moore, Ferrell stir up insurers

Hollywood and the insurance industry continue to trade blows as celebrities attack companies' business practices.

LIFE INSURANCE AND ANNUITIES OCT 18, 2009
Lawmakers blast John Hancock's long-term-care rate hike

Members of Congress took to task John Hancock Life and Health Insurance Co. and the federal Office of Personnel Management in a hearing last week, blasting them for an unexpected rate hike in long-term-care insurance that would hit federal employees.