Bloomberg

Bloomberg
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NEWS WIREHOUSES MAY 19, 2008
Citi to take more active role in SMAs

For the first time, starting in July, Citigroup Inc.'s managed-account platforms will start advising Smith Barney reps and Citi private bankers on when to buy and sell specific money managers and mutual funds for their clients.

INVESTING ETFS MAY 19, 2008
Cousins create firm with flat fees, passive investing

Bob Luxenberg was trying to decide where to invest several million dollars that he had earned building technology businesses in Silicon Valley when he unearthed his latest venture.

YOUR PRACTICE FINTECH MAY 16, 2008
Laserfiche, EZ Data and EMSI

The document-management unit of Compulink Management Center has announced the release of Laserfiche 8.

NEWS REGULATION AND LEGISLATION MAY 16, 2008
Energy tax bill approved by House

The Energy and Tax Extenders Act may be taken up next week by the House of Representatives.

NEWS INDUSTRY NEWS MAY 16, 2008
Consumers see little hope of quick recovery

Consumer confidence fell to its lowest level since 1980 and its fifth-lowest reading ever.

NEWS INDUSTRY NEWS MAY 16, 2008
Moglia to step down as TD’s chief executive

Joe Moglia will be succeeded by Fred Tomczyk, who has been TD Ameritrade's chief operating officer since July 2007.

NEWS OPINION MAY 16, 2008
Six tax-lowering ideas for retirement income portfolios

NEWS INDUSTRY NEWS MAY 16, 2008
Paulson sees no quick fix for economy

The U.S. financial markets have calmed down, but more turmoil lies ahead, the secretary said today.

NEWS INDUSTRY NEWS MAY 16, 2008
Economy to slow down worldwide, U.N. says

The United Nations cited expectations of only 1.8% growth for 2008, compared with growth of 3.8% in 2007.

NEWS INDUSTRY NEWS MAY 16, 2008
April housing starts beat expectations

Construction of new homes swung up unexpectedly in April, as the number of new multifamily housing units grew.