CEO says bonds a bad bet for the average retail investor
Dan Fuss is steering clear of Treasuries. That may be smart: The rise in interest rates over the past five days threatens holders of longterm notes.
In a surprising move, Rep. Spencer Bachus put his controversial adviser SRO bill on indefinite hold, stating no oversight measure will get out of committee without bipartisan support. That could take some time.
Bank is losing ground to competitors such as Bank of America, Wells Fargo and Morgan Stanley
The race for the presidency may be a real squeaker. But when it comes to attracting donations from investment advisory firms and wirehouses, Mitt Romney is winning in a landslide.
