Diamonds Aren't Forever The SEC charged 11 people, and three companies, for allegedly conspiring to illegally issue and sell unregistered stock in a diamond and gold company raking in $64 million for themselves from 40,000 investors. The SEC...
Registered Rep: If you weren't an advisor, what could you see yourself doing? Timothy Halls: Teaching. I get to do a lot of that as an advisor, and I love it. RR: Three feelings you want your clients to take away from a meeting? TH: Trust...
Let's take a contrarian viewpoint regarding success. Much has been written about the typical qualities required for success. (In fact, I covered those in this column last month.) But consider a favorite phrase of the great algebraist, Karl Jacobi...
Wall Street Warriors is now casting for its third season, and it's looking for warriors like you. Radius Productions wants four to five men and women in the financial industry to allow cameras, la the Real World, into their offices and their homes...
Wives of two senior Bear Stearns investment bankers cancelled pricey interior-design contracts just two days after the firm announced its sale to J.P. Morgan for the fire-sale price of $2 a share. Interior designer Darren Henault said of one of...
Smart decisions are based on more than government statistics, agency reports, news releases, interest rates and stock quotes. We've selected a few fascinating statistics below that illuminate the markets, the world of financial services and big...
When it comes to company earnings estimates, analysts tend to be optimistic. The U.S. is probably in the midst of a recession, spurred by the credit crunch, yet analysts' earnings estimates for 2008 are very rosy indeed not a single sector is...
Barry A. Nelson, a Florida bar board certified tax attorney in the North Miami Beach, Fla., writes: Recently, I was approached by the personal representative for an estate of a wealthy decedent that owned a significant municipal bond portfolio...
The belief that estates can realize significant estate tax savings from custom bond valuations is based largely on the inefficiencies of the fixed income markets and the use of standard bond valuations. There's some validity in that belief, but...
On April 28, 2003, the SEC, the NASD, the NYSE and various states announced a $1.4-billion landmark settlement with 10 of Wall Street's largest broker/dealers for failing to provide independent and unbiased research. The day after the announcement...
