Bloomberg

Bloomberg
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RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 20, 2008
More insurers set their sights on TARP

This week, three more insurers announced their intentions to apply for to the Department of the Treasury’s Capital Purchase Program.

INVESTING MUTUAL FUNDS NOV 20, 2008
T. Rowe launches global funds

T. Rowe Price Group Inc. of Baltimore has launched two funds aimed at providing investors with exposure to the markets in Europe, Asia and the Americas.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 20, 2008
Ambac to settle $3.5B in mortgage debt exposure

The exposure was in four transactions: two collateralized-debt-obligation squared transactions and two high-grade CDOs of asset backed securities.

NEWS INDUSTRY NEWS NOV 19, 2008
Tamed energy prices prompt 1% CPI drop

The consumer price index, a key indicator of inflation, fell 1%, marking the largest monthly decline since the index was first computed in 1947, according to the Department of Labor.

NEWS REGULATION AND LEGISLATION NOV 19, 2008
Mavericks’ Cuban blogs his innocence

Entrepreneur Mark Cuban, owner of the NBA's Dallas Mavericks, is defending himself on his website against insider trading charges that the SEC levied against him this week.

INVESTING FIXED INCOME NOV 19, 2008
MSRB to open window on variable-rate munis

The Municipal Securities Rulemaking Board has submitted a plan for approval by the SEC today to collect and disseminate critical market information about auction rate bonds and other variable-rate municipal securities.

INVESTING ALTERNATIVES NOV 18, 2008
Bummed builders look to government for aid

Homebuilder sentiment in November sank its lowest level since January 1985, as shaken builders seek assistance from a higher power.

RETIREMENT RETIREMENT PLANNING NOV 18, 2008
Consumer-directed health plans gain traction

There are more enrollees in consumer-directed health plans this year than last, and those individuals are more likely to have higher income and enjoy better health than their traditional plan counterparts, according to a study.

NEWS INDUSTRY NEWS NOV 18, 2008
Oppenheimer & Co. charged with ARS fraud

Massachusetts Secretary of the Commonwealth William Galvin today charged Oppenheimer & Co. Inc. with fraud and unethical conduct in the sales of auction rate securities.

RETIREMENT TAX NOV 18, 2008
Yearend tax issues

Encourage your clients to go over their itemized deductions. If they are not as high as the allowable standard deduction, they may want to consider delaying some until next year.