Bloomberg

Bloomberg
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INVESTING ALTERNATIVES OCT 03, 2008
Website makes hedge fund research easier

Research on the often opaque hedge fund industry is about to get a little easier for qualified investors because of a new online platform.

NEWS REGULATION AND LEGISLATION OCT 03, 2008
Bush signs $700B bailout package

The House of Representatives on Friday approved a $700 billion bailout package and passed it along to President Bush who immediately signed it into law.

INVESTING MUTUAL FUNDS OCT 03, 2008
Reserve denies insider-trading charge

Reserve Management Co. denied claims of insider trading related to its Primary Fund in response to a lawsuit that Ameriprise Financial Inc. filed.

NEWS INDUSTRY NEWS OCT 03, 2008
Non-manufacturing sector slows to a crawl

The non-manufacturing sector is experiencing anemic growth, reflecting difficult economic times and the financial crisis.

NEWS OPINION OCT 03, 2008
Roth conversion may not make sense for many retirees

INVESTING ALTERNATIVES OCT 03, 2008
September socks hedge fund performance

Hedge funds had their worst month in a decade in September because of short selling restrictions, the liquidity crunch and stock volatility.

YOUR PRACTICE FINTECH OCT 03, 2008
Advent closes deal with Tamale

Advent Software completes acquisition of Tamale Software, and Minuteman Advisor Services offers an online portfolio rebalancing platform.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 03, 2008
Fraudsters face SEC charges

The Securities and Exchange Commission today charged five brokers in the Los Angeles area with securities fraud.

NEWS INDUSTRY NEWS OCT 03, 2008
Job losses jar economy

The U.S. economy shed 159,000 jobs in September, marking the highest number of jobs cut since March 2003.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 03, 2008
AIG to jettison businesses

Not mentioning its broker-dealer network, AIG said it wants to sell a number of business lines, but not its core property and casualty insurance lines.