Pacificor has named portfolio manager Andy Mitchell to helm the hedge fund after Michael B. Klein, former CEO, died after his private plane crashed in Panama on Sunday.
The tax package also includes a seven-year renewal of a terrorism-insurance program.
Prices of existing single-family homes slumped for the tenth consecutive month in October.
Customers opened their wallets in November, as personal income and prices jumped, according to the Commerce Department.
The insurance company's president and chief executive, Michael G. Cherkasky, will step down.
The Vanguard Group has launched ETFs on the NYSE Arca today, which seek to track three MSCI Indexes.
America’s Health Insurance Plans today unveiled a proposal to provide health insurance coverage to more people.
Mortgage-related losses took a $9.4 billion bite out of Morgan Stanley’s fourth-quarter report, the bank said yesterday.
About 21 million taxpayers will be spared the AMT for 2007 after the House approved an "AMT patch."
Burned in the aftermath of Bear Stearns’ two collapsed hedge funds, Barclays has sued the firm and a pair of its fund managers.
