Bloomberg

Bloomberg
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INVESTING MUTUAL FUNDS NOV 09, 2008
Morgan Keegan faces mass of bond fund claims

Plaintiff's attorney Bill Gladden thought he had handled his last investor arbitration case when he retired in February. But a flood of claims arising from the $2 billion blowup of the Regions Morgan Keegan Select bond funds pulled him back into the legal fray.

YOUR PRACTICE FINTECH NOV 09, 2008
Crashes at clearing firms sidelined brokers in Sept.

Once again, it is about the plumbing.

NEWS INDUSTRY NEWS NOV 07, 2008
Unemployment rises to 6.5%, a 14-year high

The unemployment rate shot up to 6.5% last month, marking its highest level in 14 years, according to the Department of Labor.

NEWS INDUSTRY NEWS NOV 07, 2008
Advisers doubt Obama's ability to cure economy

The majority of financial advisers have little faith in President-elect Barack Obama’s ability to put the nation back on a sound economic footing.

INVESTING ALTERNATIVES NOV 07, 2008
Biz partner’s troubles could hurt REIT

Developers Diversified Realty Corp., a shopping center real estate investment trust that has struggled with debt issues, faces yet another headache.

NEWS INDUSTRY NEWS NOV 07, 2008
Chamber of Commerce: Recession is here to stay

The U.S. economy is in a recession that “will likely last longer and run much deeper than either of the two previous economic crises.

NEWS OPINION NOV 07, 2008
Act now on 529 plans

NEWS INDUSTRY NEWS NOV 07, 2008
Wholesale inventories down 0.1%

Wholesale inventories held by distributors fell 0.1% in September as companies reacted to the economic slowdown.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 07, 2008
New York Life declines Fed’s money

New York Life Insurance Co. said it won’t participate in the Department of the Treasury’s capital-purchase program.

INVESTING ETFS NOV 07, 2008
Barclays Global unveils two new ETFs

Barclays launched the iShares S&P Short Term National Municipal Bond Fund (SUB) and the iShares Barclays Agency Bond Fund (AGZ).