Louis Freeh, a former FBI director and MF Global trustee, said he would not recommend bonuses for the three executives who stayed on at the company to help unwind the complex transactions between and among the firm's entities.
After being dead wrong for years, bond bears are feeling more confident going into the weekend. The Treasury market sold off big this week, taking the benchmark 10-year yield up 26 basis points to 2.29%, a four-month high.
Municipal high yields, thus far in 2012, continue to be priced at attractive spreads of 399 basis points, or 127 basis points above the long-term average of the past 16 years between the two Indices.
Two investors square off over the value of these private funds
Alternative investments provide diversification benefits, but be prepared to sit on them for a while
New offerings from Stadion aim to generate equity-like returns with fixed-income-like volatility
Income-seeking investors should take solace in a trend toward rising dividend payouts in 2012, according to Alex Crooke, manager of the $1.2 billion Henderson Global Equity Income Fund.
Insurer mulling raising fees and cutting benefits on popular product; low interest rates to blame
Strength despite Greek woes might indicate that the worst is over
Extension of cheap money policy seen boosting annuity costs, reducing benefits and commissions
Goldman Sachs Asset Management got its Christmas shopping done early this year.
In the third-quarter, variable annuity sales surged, thanks in large part to MetLife Inc. But the jury is out on how the major insurers' decision to pare back offerings might affect overall VA sales.
Morningstar issues warning about 'staggering' inflows into taxable debt funds
'The rules have been changed here,' says Pimco debt guru
