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Comings & Goings 

Sep 1, 2009

Halah Touryalai

Benjamin F. (Tad) Edwards hired Michael Petiford and Tim Reese from Wells Fargo to join his newly formed St. Louis-based broker/dealer. Edwards is the...

Look Out Below 

Sep 1, 2009

John Churchill

Bears have become increasingly confident that the current equity market rally 49 percent in the S&P 500 from the March trough is due for a substantial...

The Bigger They Are, the Harder They Fall 

Sep 1, 2009

By Halah Touryalai

Sure, stocks have been on a tear since March. But the S&P 500 is still off by 7 percent over the last 12 months. Not surprisingly, assets held at wealth...

Correction 

Sep 1, 2009

In a story titled Picking an RIA that ran in our August issue, we incorrectly stated that HighTower Advisors managed $3 billion in client assets. In fact...

Advisors Are Going Independent 

Sep 1, 2009

David A. Geracioti

The independent channel has long been advertised as The Next Big Thing. With its 95,000 or so advisors, the independents are the largest subset in the...

Goldbricking Consumers 

Sep 1, 2009

Christina Mucciolo

According to London's Daily Telegraph demand for gold has fallen to a six-year low, and jewelry buyers and electronic producers might be to blame. Buyers...

Blotter 

Jun 1, 2009

John Churchill

Hedgie Gets $62M Fine: Michael Lauer, head of Lancer management Group and Lancer Management Group II, two Connecticut-based hedge funds, was ordered on...

Obama Tops Depression-Era Stimulus 

May 1, 2009

By John Churchill

The government has spent 29.9 percent of GDP to get the economy growing again...

Green Shoots or Weeds? 

May 1, 2009

By John Churchill

Positive bank earnings announcements from Wells Fargo, Goldman Sachs and then Citigroup provided enough juice to propel the stock market through a sixth...

Charticle: The Art Of Pricing Illiquidity 

Apr 1, 2009

By Nate Wendler

More writedowns on the way...

News Roundup: AIG Is Keeping It(Self) Together, Merrill Made Another Gaffe, Bernanke Says No To Nationalization, Banks Get Physicals 

Feb 25, 2009

By Christina Mucciolo

Ah, nevermind about those asset sales. AIG is no longer planning on selling businesses to pay back the government’s $85 billion loan, Bloomberg reports. Instead the company may give stakes in some businesses directly to the government. ...

Raymond James Lookin' Good—But For How Long? 

Jan 23, 2009

By Halah Touryalai

The folks at Raymond James have something to smile about—for now. ...

The Globalization Bubble 

Dec 1, 2008

Kristen French

The Baltic Dry Index, which tracks the cost of shipping goods and commodities like coal and iron ore around the globe, has fallen to six-year lows in...

Market Forecast: Lousy To Ugly. A Buying Opportunity? 

Jun 30, 2008

By Stan Luxenberg

Financial markets should remain in turmoil for at least the rest of the year, according to speakers at Morningstar’s investment conference....

Taxpayers Fund Goldman Goldmine 

May 12, 2008

By Nancy N. DiCostanzo

Well, it seems that the little guy may be forced to reach into his pocket once again. It doesn't look like Ground Zero is going to be rebuilt by the deadlines set back in 2005, which means that taxpayers are going to be forced to pay for $321 million in handouts to Goldman Sachs. ...

UBS Projecting More Huge Write-Downs, Recapitalization 

Apr 1, 2008

By John Churchill

UBS announced today that the firm plans to write-down another $19 billion in housing-related credit securities held on its books by the end of the first quarter, bringing the firm's total sub-prime losses to $37 billion thus far. As a result, the firm says it will sustain a $12 billion quarterly loss. ...

2008: A Glass-Half-Full Kind Of Year? 

Jan 1, 2008

By Christina Mucciolo

U.S. economic growth will be slow in the first half of the year, but in the second half, according to the Securities Industry and Financial Markets Association...

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