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MUTUAL FUNDS OCT 26, 2008
Risk becoming Fund managers to focus on risk, balance sheets

Recent market volatility is forcing mutual fund managers to pay more attention to how much risk they are taking in their portfolios and to focus more on balance sheets.

MUTUAL FUNDS OCT 26, 2008
Wells Fargo launches socially conscious fund

Wells Fargo & Co. has made its first foray into socially conscious investing.

OPINION OCT 26, 2008
Kudos to the tax writers

The government rescue plan inevitably will produce many villains.

FINTECH OCT 26, 2008
Indie B-Ds, asset managers look to Wall Street for techies

Amid the failures and mergers on Wall Street, there is at least one silver lining for independent broker-dealers and smaller asset managers.

REGULATION, LEGAL & COMPLIANCE OCT 24, 2008
Financial organizations receive threats

More than 50 letters that contained threats and an unidentified white powder have been mailed to U.S. financial institutions and government offices.

LIFE INSURANCE AND ANNUITIES OCT 24, 2008
Treasury wants to recapitalize insurers

The Treasury Department wants insurance companies to participate in its $700 billion bailout program —and it may take equity stakes in return.

LIFE INSURANCE AND ANNUITIES OCT 24, 2008
AIG might need more money

AIG has borrowed $90.3 billion from the federal government, surpassing its original $85 billion rescue loan.

RIA NEWS OCT 24, 2008
Sales of existing homes begin to rise

Home sales increased 5.5% last month from August and 1.4% from a year earlier to a seasonally adjusted rate of 5.18 million units, according to the NAR.

RIA NEWS OCT 24, 2008
U.S. equities plummet at the open

U.S. equities plummeted at the open, sparked overnight by news that Sony reduced its 2009 forecast while Toyota Motor Corp.'s third-quarter sales contracted.

REGULATION, LEGAL & COMPLIANCE OCT 24, 2008
Treasury invests in several regional banks

The Department of the Treasury has begun to purchase stakes in several regional banks as the government aims to halt the freeze of the credit markets,