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REGULATION AND LEGISLATION AUG 14, 2009
'Charlatan' promoter barred from marketing fraudulent tax schemes

Daniel Andersen, a promoter serving time in prison, was permanently barred from marketing fraudulent tax schemes by the U.S. District Court for the Western District of Washington in Seattle.

RIA NEWS AUG 14, 2009
Industrial production up for first time in 9 months

The Fed says industrial production rose 0.5 percent in July, after falling in 17 of the previous 18 months.

FIXED INCOME AUG 13, 2009
Blackstone Group to issue its first bonds

The Blackstone Group LP plans to sell bonds for the first time, but offered no details on how much or when.

RIA NEWS AUG 13, 2009
Vatican newspaper hails Swiss-U.S. bank deal

The Vatican's newspaper on Thursday praised as a step toward "ethical finance" a deal announced by the Swiss and U.S. governments to settle American demands for the identities of suspected tax dodgers.

ALTERNATIVES AUG 13, 2009
Foreclosures rise 7 percent in July from June

Foreclosure filings were up 32 percent from the same month last year, RealtyTrac Inc. said Thursday. More than 360,000 households, or one in every 355 homes, received a foreclosure-related notice.

RIA NEWS AUG 13, 2009
Stocks rise modestly after jobs, retail data

The stock market is trying to reconcile some disappointing retail sales and jobs data with the Federal Reserve's more upbeat view of the economy.

LIFE INSURANCE AND ANNUITIES AUG 13, 2009
Strong sales of annuities boosted Jackson's earnings, top exec says

Jackson National Life Insurance Co., buoyed by robust sales of annuities, saw its first-half sales and deposits reach $6.1 billion, up from $5.94 billion in the first six months of 2008.

LIFE INSURANCE AND ANNUITIES AUG 13, 2009
Moody's maintains A3 long-term issuer rating on AIG after insurer reports profit

Moody's Investors Service today said it would keep its A3 long-term issuer rating on American International Group Inc. after the insurance company reported its first quarterly profit in nearly two years.

RIA NEWS AUG 12, 2009
Stocks surge as Fed sweetens up on economy

A more upbeat Federal Reserve reassured investors that they've been making the right bets.

RIA NEWS AUG 12, 2009
June trade deficit rose to $27B, imports increase

The Commerce Department says the deficit rose 4 percent to $27 billion, from May's $26 billion. The May imbalance had been the lowest deficit in nearly a decade.