Bloomberg

Bloomberg
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INVESTING FIXED INCOME AUG 24, 2007
Gross: Crisis needs ‘Rooseveltian’ response

Bond fund manager Bill Gross said the subprime-mortgage crisis merits a swift federal response.

INVESTING ALTERNATIVES AUG 24, 2007
Blackstone bewails proposed tax boost

Blackstone Group claims its yearly tax tab would increase by $525 million under legislation proposed in the Senate.

INVESTING FIXED INCOME AUG 24, 2007
Pimco's Gross is buying bank bonds

The founder and managing director of Pacific Investment Management Co. is buying debt of investment banks.

INVESTING ALTERNATIVES AUG 23, 2007
Troubled Goldman fund on upswing

Goldman Sachs's Global Equity Opportunities hedge fund gained 12% last week after the firm injected it with $3 billion in cash.

RETIREMENT RETIREMENT PLANNING AUG 23, 2007
Workers to bosses: chip in on planning

Workers know they have to save for retirement, but they’re lost without financial planning, a study found.

RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 23, 2007
NGA urged to back Nat'l Insurance Act

Two insurance associations want the NGA to support legislation creating an optional federal charter for insurance regulation.

INVESTING ALTERNATIVES AUG 23, 2007
London hedge fund gets summer trim

GLG's European Long-Short, with more than $2 billion in assets, lost 4.4% in value during the first 10 days Of August.

INVESTING ETFS AUG 22, 2007
Claymore ETFs bow on NYSE

Claymore has launched three ETFs based on Morningstar Super Sector Indexes on the New York Stock Exchange.

INVESTING ALTERNATIVES AUG 22, 2007
'Carried interest' no cash cow, says study

Raising taxes on private equity managers probably won’t generate a whole lot of money, according to a new study.

INVESTING ALTERNATIVES AUG 21, 2007
FBR takes $57M loss on securities sale

FBR took a $57 million loss after selling $4.95 billion in agency mortgage-backed securities.