When you read the 2005 Markopolos letter to the SEC, which warned the regulator about Bernard Madoff, what jumps out at you is how many professionals on Wall Street were actually suspicious of Madoff's business.
If President Obama is truly a new kind of FDR arriving on the scene to the American economy from itself then he would be wise to read Amity Shlaes new-ish history of the Great Depression, The Forgotten Man ...
It’s official: Morgan Stanley will pay $2.7 billion to acquire a 51 percent stake in Smith Barney, Morgan Stanley and Citigroup management told Registered Rep. this afternoon. The agreement was signed today. The...
We present our annual Outstanding Advisor Awards each May, but we're always on the lookout for charitably inclined financial advisors. Ten veteran financial advisors who exemplify the highest standards of...
Giving bonuses to company executives of a bankrupt, government-rescued company, now that’s a story most news organizations dream about. After all, nothing plays better than outrage—especially when you can...
Registered Rep.: You say SEC Chairman Christopher Cox is being treated unfairly. Why? Philip Moyer: Companies need to report in an electronic data format that can be rapidly analyzed by computer systems designed for...
Back in 2006, the theme of our 16th Annual Broker Report Card Survey was: We Love Management. Our survey of about 920 advisors revealed mostly positive attitudes (of course, as usual, reps complained then, as they do...
Pop culture, at the moment, is awash with movies, cable-T.V. shows and novels about modern-day vampires—the undead—trying to control (or indulge) their thirst for human blood.
