The first annual meeting of the new Financial Industry Regulatory Authority's (FINRA) 23-member board is slated for October 26, 2007, and the regulator recently announced its official slate of seven nominees for its elective seats. Anyone seeking...
Even though Helicopter Ben pumped some liquidity into the ailing U.S. financial system last month, it's undeniable that the blame game will continue. Who is at fault for the credit crisis caused by sub-prime loans gone bad? Bet you can guess; It's...
Mark Boyadjian oversees the Franklin Floating Rate Debt Group, which manages $5 billion in assets, for Franklin Templeton Investments. Registered Rep. spoke with him about the current credit crisis. Registered Rep.: You say the current credit...
Foreign companies are certainly thumbing their noses at U.S. exchanges these days. The number of American Depository Receipts listed on U.S. exchanges peaked in 2001 at over 600, and has been in decline ever since, according to a report from...
Hip-hop artists often wow audiences with their (diamonds), (hubcaps) and their financial advice? No, we're not trippin'. Lyrical snipers Bun B and Slim Thug offered some sage words of investing wisdom to their young audience at Texas South Western...
When Richmond native Debbie Wagner came into work one day in early March, there were signs, banners and streamers everywhere; there were flowers on her desk, and there was free lunch and cake. They were celebrating Debbie Wagner Day, the 35th...
The curious thing about a bubble is, when it bursts, you can't believe people actually behaved the way they did. (Remember, in the late 1990s, backing up the truck and buying the QQQQ for clients? Nah, not you.) Consider what a sweet temptation...
About the current credit market turmoil, Former Federal Reserve Chairman Alan Greenspan said in early September, The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw in 1998, what we saw in the...
Today's intensely competitive recruiting environment demands that branch managers spend a lot of time and energy wooing prospective hires. But too many managers just aren't keeping up. Take the following tale of two wirehouse managers, both with...
Over the past five years, institutional investors have taken quite a shine to a type of fund that nobody quite knows what to call. At last count, pensions and endowments had committed some $30 billion to these so-called short extension, or...
