Want to short Toy Story 3, Karate Kid 2010? Now, investors can place bets on movies
Soon-to-be-premiered futures exchanges in Chicago and New York let investors wager on whether movies will be blockbusters or box-office death. Popcorn is extra.
High anxiety for clients amid tax time
Financial advisers this tax season are coping with what they say is an unprecedented level of client anxiety over recent tax code changes and the potential for higher taxes.
Push to curb tainted rollover advice could hamstring IRA sales
A push by officials in Washington to curb tainted IRA advice could spoil the party for brokers and plan service providers
Red-faced ASPPA apologizes for e-mail gaffe
The pension and actuary group sends a mea culpa to members after a financial advisory firm got hold of the association's mailing list for an upcoming conference.
Dodd’s dud? ‘Fed-as-consumer-watchdog’ plan greeted with howls
Bankers. Business groups. Consumer advocates. They all lined up to bash the Conn. Senator's latest proposal for financial reform.
Michael Jackson’s lawyers swing estate sale of the century
Turns out the King of Pop was also the King of Debt. Michael Jackson left his heirs an estimated $400M bill. What to do if you're Jackson's estate attorneys? Sign a recording deal, of course.
Surprise audit trips up star adviser in Seattle
An unexpected visit by an ING Financial auditor uncovered a potential scam at Breard & Associates Wealth Management. Now, infomercial star Rhonda Breard is facing fraud charges.
Goldman Sachs, JPMorgan on nuns’ hit list
Wall Street firms 'doing God's work?' Apparently not, as a religious group confronts banks over 'immorality' of swaps
Money manager Hussman likens CNBC to ‘Gomer Pyle’
In a blistering attack, money manager John Hussman raps CNBC, blasting the financial network for what he says is myopic and 'cartoonish' content
Dodd bill places consumer protection agency under the Fed: sources
Sources say Sen. Dodd's financial reform bill places the hotly debated consumer protection agency -- designed to regulate bank products -- under the aegis of the bank-owned Federal Reserve.
Theft of Swiss bank account data could spell big trouble for HSBC customers
Info from 24,000 of its Swiss bank accounts was stolen between 2006 and 2007, HSBC reported today. Tax authorities in foreign countries can expect to be hearing from the data bandits -- if they haven't already, that is.
Your next frontier
Their parents are getting all the attention, but 30-somethings want (and need) financial advice. Now
S&P Sector Pick: Why biotech is the way to play
Much of the industry's underperformance in 2009 can be attributed to uncertainty about potential health care reform legislation. Now? Things are looking up
Time to upgrade your firm’s website?
10 sure signs that your web presence desperately needs a face-lift. Immediately
Managing your firm from afar
When Scott Leonard is sailing the Caribbean next year, he plans to have one hand on the tiller of his 50-foot catamaran and the other on his cell phone.
Hedgemony? MFA inks partnership with yet another hedge fund group
The hedge fund industry's premier trade association has made regional alliances a new focus as it beefs up its lobbying effots.
S&P picks: Why the biotech sector looks healthy
Steven Silver, S&P's biotechnology equity analyst, thinks the industry is positioned for renewed investor interest in 2010.
Ex-Magellan manager Vinik ices deal for NHL’s Lightning
The former fund manager — and current Boston Red Sox minority owner — acquires the NHL's Tampa Bay Lightning for a reported $110M. That's about half what the previous owners paid for the team.
Is this a sign? Hedgies closing distressed debt funds
Did you hear? The credit crisis is officially over — at least according to the handful of hedge fund managers who have shut down their “credit crisis funds” over the past few weeks.
Skip the gold medal, go for gold stocks, says Midas Fund’s Thomas Winmill
Why one PM says the price of gold will double to more than $2,500 an ounce over the next 10 years.
