Bear Stearns was swallowed up by JPMorgan Chase nine months ago, which seems like a lifetime when you consider what's happened to the financial industry since. At the time, Bear's near collapse and rescue were stunning. Since then, the number of...
Head Exam, More Delays For Jail-Bound Hedgie: After faking his suicide and going on the lam for 23 days to avoid a 20-year jail sentence for swindling investors out of $350 million, former Bayou hedge fund manager, Samuel Israel III, is dodging...
Recent weeks have been tough at my law firm. I hesitate to answer my phone. One client sobs to me about the loss of his savings, his job and his career. Another caller fears the broker/dealer he runs is one net capital computation away from...
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 both investors and regulators...
Robert Craig Knievel, purportedly nicknamed “Evel” by police after an arrest for stealing hubcaps off cars, was born on Oct. 17, 1938 in Butte, Mont., and died in Clearwater, Fla., on Nov. 20, 2007, at the age of 69.
Fidelity Investments was negotiating a contract with the former head of Schwab’s advisor business long before he was allegedly squeezed out due to corporate restructuring at the San Francisco company.
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.
Equity investors are finding that continuing increases in share prices are no longer something they can count on. As a result, many investors are taking refuge in income-oriented investments, such as bonds, utilities, and dividend paying corporate...
