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RETIREMENT PLANNING JAN 20, 2012
Buzz: Sandy Weill sells his NYC apartment for jaw-dropping sum

Central Park West penthouse listed at nearly $90M; Russian billionaire seen as buyer

By John Goff
INsider: At current rates, money fund investors will double their money — in 2,000 years
RETIREMENT PLANNING JAN 20, 2012
INsider: At current rates, money fund investors will double their money — in 2,000 years

The question: Are such puny yields worth it when money isn't FDIC-insured?

By Bloomberg
Nouriel Roubini issues 'perfect storm' warning for stocks
INDUSTRY NEWS JAN 20, 2012
Nouriel Roubini issues 'perfect storm' warning for stocks

Nouriel Roubini has once again issued a chilling forecast, saying a 'perfect storm' coming together in the next two years could zap the global economy -- and with it, global stock markets. Has he got it right?

By John Goff
Safety first, as advisers piled into fixed-income ETFs in '11
RIAS JAN 19, 2012
Safety first, as advisers piled into fixed-income ETFs in '11

Slowly but surely, advisers are becoming more comfortable with exchange-traded funds. Not surprisingly, Charles Schwab says fixed-income ETFs were the clear favorites of RIAs in 2011.

By Jason Kephart
INDUSTRY NEWS JAN 19, 2012
Buffett no match for S&P 500 in 2011

Warren E. Buffett, the billionaire investor known for his record of beating the market when stocks languish, oversaw a decline in his company's value last year as the S&P 500 ended unchanged.

By Mark Bruno
IRS audits of millionaires at all-time high of 12.5%
RIAS JAN 19, 2012
IRS audits of millionaires at all-time high of 12.5%

The U.S. Internal Revenue Service said it audited 12.48% of individual tax returns with income exceeding $1 million during 2011, an all-time high.

By Doug Cubberley
REGULATION AND LEGISLATION JAN 19, 2012
Ex-UBS client indicted for hiding accounts from IRS

A former UBS AG client was indicted by a federal grand jury on a charge that he defrauded the U.S. by hiding assets from the U.S. Internal Revenue Service.

By Doug Cubberley
REGULATION AND LEGISLATION JAN 19, 2012
Frank's final act - stop GOP efforts to raze huge finance bill

By Mark Schoeff Jr.
Frank elects to retire from Congress in 2013
REGULATION AND LEGISLATION JAN 19, 2012
Frank elects to retire from Congress in 2013

Rep. Barney Frank, the leading proponent of universal fiduciary duty for retail investment advice, announced today that he will retire from Congress in 2013.

By Mark Schoeff Jr.
INDUSTRY NEWS JAN 19, 2012
CapWest is shutting doors

CapWest Securities Inc. last week filed its broker-dealer withdrawal papers with the Financial Industry Regulatory Authority Inc.

By Bruce Kelly
Students' council: Go to college now, pay for it later
RETIREMENT PLANNING JAN 18, 2012
Students' council: Go to college now, pay for it later

University of California undergrads propose 20-year tuition plan; five percent solution?

By Bloomberg
California Dems eye college fees that are up 145% since 2004
RETIREMENT PLANNING JAN 18, 2012
California Dems eye college fees that are up 145% since 2004

Look to end tax loophole for businesses, use proceeds to provide more financial aid to students

By John Goff
Student loans the 'next debt bomb' for U.S., attorneys warn
RETIREMENT PLANNING JAN 18, 2012
Student loans the 'next debt bomb' for U.S., attorneys warn

Courts reluctant to discharge loans, often forcing graduates to pay off enormous sums; parents increasingly on the hook, too

By Bloomberg
Ivy League school rolls out largest tuition hike in six years
RETIREMENT PLANNING JAN 18, 2012
Ivy League school rolls out largest tuition hike in six years

CPI up 3 percent, but Princeton raises prices by nearly 5 percent

By John Goff
INDUSTRY NEWS JAN 18, 2012
Go ahead, soak the rich

Millionaires overwhelmingly support the Buffett tax on the wealthy. The catch? Millionaires also say they're not wealthy -- and therefore should not be hit with the surcharge.| <b>Extra</b> <a href=http://edit.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20120112&amp;Category=FREE&amp;ArtNo=112009999&amp;Ref=PH>10 worst states for retirement &amp;raquo;</a>

By John Goff
REGULATION AND LEGISLATION JAN 18, 2012
Pastor's $1.6M Ponzi could mean 30-year prison stay

A Seattle-area pastor has pleaded guilty to charges of wire fraud and money laundering related to a $1.6 million Ponzi scheme he ran for eight years.

By IN Staff
TD Ameritrade rakes in $10.2B in net new assets in the fourth quarter
INDUSTRY NEWS JAN 18, 2012
TD Ameritrade rakes in $10.2B in net new assets in the fourth quarter

TD Ameritrade Institutional is helping its parent company bring in higher levels of net new assets.

By Dan Jamieson
RIAS JAN 18, 2012
A call for responsible social-media usage

By MFXFeeder
'Piranhas' attacking Morgan Keegan after RJ buy
INDUSTRY NEWS JAN 18, 2012
'Piranhas' attacking Morgan Keegan after RJ buy

In a bold move, the normally conservative Raymond James agreed to buy Morgan Keegan for $930 million. Now, the company will have to keep recruiters at bay while it tries to hold onto the brokerage's top talent.

By Bloomberg
Gamco's new high conviction fund swings for the fences
INDUSTRY NEWS JAN 18, 2012
Gamco's new high conviction fund swings for the fences

Will invest half of assets into just five stocks

By Bloomberg