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NEWS INDUSTRY NEWS OCT 10, 2010
Winners honored in NYC

Adopting a homeless teenager may seem like a huge commitment, but Sean and Leigh Anne Tuohy, the inspiration for the best-selling book and motion picture “The Blind Side,” said they get too much credit

By Lisa Shidler
NEWS LIFE INSURANCE AND ANNUITIES OCT 10, 2010
TARP bill likely to be fraction of initial forecast

Bailed-out banks, insurers and automakers are a sore spot for millions hurt by the financial crisis

By Bloomberg
NEWS INDUSTRY NEWS OCT 10, 2010
Those irrational French are a lot like us Americans

It's so much fun to pick on the French

By Evan Cooper
NEWS MUTUAL FUNDS OCT 10, 2010
Gundlach is bouncing back

Jeffrey Gundlach hasn't lost his investment magic — or his famous ego — while running DoubleLine Capital LP, the money manager he formed after his highly publicized firing from TCW Group last December

By Randy Diamond
NEWS RETIREMENT PLANNING OCT 10, 2010
Income: The Great political - and possibly, Geographic -- Divide

Without a doubt, the answer to the question “What makes a person rich” marks a political divide in this country – a divide that is widening by the second as the mid-term elections fast approach.

By InvestmentNews
NEWS RETIREMENT PLANNING OCT 08, 2010
Artificial insemination a real headache for estate planners

In-vitro fertilization spawns confusion among wealth managers, trust attorneys; 'wide-open field'

By Bloomberg
NEWS RIAS OCT 08, 2010
The inside scoop from FPA Denver 2010 — what do you want to know?

<i>InvestmentNews</i> is off to Denver for the FPA's annual conference

By Mark Bruno
NEWS RETIREMENT PLANNING OCT 08, 2010
Stick with stocks, says one of world's oldest investors

When it comes to investment strategies, 94-year-old Edward Zajac takes the long view. And it's paid off handsomely.

By Bloomberg
NEWS INDUSTRY NEWS OCT 08, 2010
Economist who called recession's end sees recovery

By Bloomberg
Retroactive estate tax for 2010 unlikely, says economist Young
NEWS RETIREMENT PLANNING OCT 08, 2010
Retroactive estate tax for 2010 unlikely, says economist Young

The longer Congress drags out setting an estate tax rate and exemption level, the less likely it is to impose a retroactive tax for 2010, according to an economist with a leading agricultural organization.

By Mark Schoeff Jr.
NEWS RETIREMENT PLANNING OCT 08, 2010
Auto-IRA bill formally proposed in Senate

After much discussion and anticipation, the Automatic IRA Act of 2010 was formally proposed Friday by Sen. Jeff Bingaman, D-N.M. If enacted, the bill could affect half of the country's working population.

By Hilary Johnson
NEWS REGULATION AND LEGISLATION OCT 08, 2010
Four more banks bite the dust

Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri to bring the number of U.S. bank failures this year to 72.

By Associated Press
FDIC selling bank loans so cheap it's 'very hard to lose money'
NEWS INDUSTRY NEWS OCT 08, 2010
FDIC selling bank loans so cheap it's 'very hard to lose money'

The regulator looks to unload assets from some 182 failed banks. Government-to-investor incentives include big discounts and zero-percent financing for qualified buyers

By Bloomberg
NEWS INDUSTRY NEWS OCT 07, 2010
David Kelly: No signs of a double-dip, but growth still seems unclear

This week should be dominated by economic numbers and, in particular, the September Jobs report due out on Friday

By David Kelly
NEWS LIFE INSURANCE AND ANNUITIES OCT 07, 2010
Point/Counterpoint: Are life settlements essentially securities?

On July 22, the Securities and Exchange Commission released a report from its Life Settlements Task Force which recommended that the SEC urge Congress to amend federal securities laws to include life settlements as securities.

By MFXFeeder
NEWS LIFE INSURANCE AND ANNUITIES OCT 07, 2010
Court decision on STATs seen as setback to insurers

The judge determined that state insurable interest laws do not apply to annuities &#8211; at least, in this case.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES OCT 07, 2010
Finra may wade into STATs controversy

Meanwhile, the National Association of Insurance Commissioners has scheduled a hearing in Washington this month to discuss the transactions

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES OCT 06, 2010
IN's Cooper: The Hartford's petard problem

You have to feel sorry about The Hartford's latest problems.

By Bloomberg
NEWS BROKER DEALERS OCT 06, 2010
Arbitrators: B-Ds kept brokers in the dark on private deals

From giants such as Citigroup Inc. to small broker-dealers such as Pacific West Securities Inc., brokerage firms have kept their representatives in the dark about problematic details in investments.

By Bruce Kelly
NEWS LIFE INSURANCE AND ANNUITIES OCT 06, 2010
Buffett wins bet against France in the World Cup

Berkshire Hathaway Inc. had sold insurance requiring the Omaha-based company to pay $30 million to a client if France won the tournament.

By Bloomberg