Apparently, the recent municipal bankruptcies in California, along with fiscal fires in other states, don't seem to be cowing investors, who continue to stampede into muni bond mutual funds.
Questioning whether the city adequately disclosed financial information when it raised money from investors
Stocks returning 6.6% above inflation a thing of the past, says Pimco bond king; 'cult of equity is dead'
Allegedly raked in big commissions by selling policies that greatly exaggerated applicants' net worth; faces 30 years in prison, forfeiture of Escalade
Flagging fund giant turns to researchers at sister firm, Capital Guardian, to boost its equity performance
A Vanguard Group Inc. study refutes the concerns of founder John Bogle and others that exchange-traded funds encourage excessive trading
The general movement out of equity mutual funds and into bond funds continued in June, according to the Direct Fund Flows report from Morningstar Inc.
Department could launch program in a year; 'strong, broad-based demand'