The law generally precludes prosecuting a will contest until after the testator's death because, until then, a will contest is not ripe. But does the law ever preclude a will contest after a testator dies? According to a California appellate court...
It could've gotten ugly. There certainly were enough high-powered lawyers on the case and enough money at stake. But apparently, everybody involved decided that Trouble wasn't worth it. Trouble the dog, that is. Soon after the last will and...
When you are the face and the force behind your business’ success, it can be tough to maintain rapid growth. If you want to avoid burnout, you have got to actively promote your underlings and associates.
Some big wirehouse brokers are
fed up with Wall Street and want
full independence. For those who
aren’t prepared to go the RIA route
on their own, there are plenty of
options.
It just keeps getting worse for big named Wall Street firms. Today, William Galvin, secretary of the Commonwealth, announced that he is suing Merrill Lynch for fraudulent auction-rate securities (ARS) sales.
Just what did Merrill Lynch do today? Did it actually sell something? Or just move something off its balance sheet for now? Welcome to the world of accounting.
After a posting record $8.9 billion quarterly loss in the second quarter, Wachovia could sell its mutual fund business, securities brokerage or its Northeast and Texas branches, according to analysts. But Wachovia says the brokerage isn’t...
Could it be that a turf war is breaking out? In testimony before Congress Thursday morning, Securities and Exchange Commission Chairman Christopher Cox asked legislators to give the SEC authority to regulate investment banks.
UBS is facing the first nationwide lawsuit regarding auction-rate securities compliments of the New York Attorney General, who sued the firm for securities fraud.
The debate about government’s role in the economy just got stoked big time, what with the recent news that Treasury Secretary Henry Paulson wants to shore up Fannie Mae and Freddie Mac with taxpayer dollars.