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Web Watch: Navigating the Hedge Fund Maze

On one side is a growing group of WorldCom employee-shareholders, who are looking for more than $35 million that they claim was lost because of improper handling of their brokerage accounts. On the other side is Salomon Smith Barney, a major...

Your qualified clients want to get the benefits of hedging strategies. But where do you start? Nobody reports on the 6,000 or so hedge funds the way Morningstar and Lipper report on mutual funds. So, many retail brokers turn to funds of funds to...

Management consultants are now running top Wall Street firms.

Fixed Income: Where Have All the Good Bonds Gone?

After Enron wacked J.P. Morgan Chase and Citigroup, a Merrill merger with a mega-bank no longer seems inevitable.

Learn how to pick hedge funds for qualified clients?or other brokers will.

For the first time in its 115-year history, A.G. Edwards is cutting its workforce, but the St. Louis-based company says its broker force of around 7,300 will not be included in the reduction. The firm says it will slash 400 jobs, or 2.35 percent...

Some mutual funds let ordinary folk take advantage of the short selling and hedging options used by the big guys.

The bills for the excesses of the late great bull market keep coming due. Every month, more ugly news flows in, like the bills for a deadbeat who skipped town ages ago. Enron and Global Crossing are only the most obvious examples. The story of the...