It seems that ladies who lunch do not like to give up those lunches, nor their shopping sprees, Gucci handbags and Hamptons summer getaways—no matter what the condition of their marital finances.
Bloomberg.com is reporting today that the legendary fund manager Bill Miller has lost his touch. After 15 years of outperforming the S&P 500, Miller, the manager of the Legg Mason Value Trust (LMVTX), has slipped into a funk, and assets in the...
Yesterday Wachovia announced a new CEO to replace Ken Thompson: Robert Steele, previously a vice chairman at Goldman Sachs, and currently undersecretary of the Treasury until Wednesday.
If you work at one of the big national firms, we want to hear from you. We are now surveying our wirehouse readers for our 18th Annual Broker Report Cards.
Increased regulation of the brokerage industry in the wake of the subprime crisis and Bear Stearns debacle could tighten the screws on brokerage business revenues and margins, says Ladenburg Thalmann analyst Dick Bove in a research report today.
Cleveland: "I've been through process training, practice management workshops and personal coaching," says Gerry. "Maybe it's me—but I'm not happy with the growth of my business."
Ladenburg Thalmann analyst Richard Bove today suggested that Morgan Stanley’s former CEO, Phillip Purcell, who was ousted after a nasty flap with a group of dissident shareholders, should be named the new CEO of Wachovia Bank.