Archive for October 20th, 2009

IRS Investigating 100,000 Suspicious Claims For First-Time Home-Buyer Tax Breaks

Wall Street Journal : WASHINGTON — The Internal Revenue Service is examining more than 100,000 suspicious claims for the first-time home-buyer tax break, another sign of potential trouble for the soon-to-expire program. Read the whole story: Wall Street Journal

Lisa Earle McLeod: Are You Suffering From Delusions of Success?

How did you get where you are today? Was it skill, luck, hard work?

Morgan Stanley to exit retail asset management biz, offloads Van Kampen to Invesco for $1.5B


 
 Morgan Stanley & Co. announced this evening that it will shed its retail investment management operations–namely its Van Kampen mutual fund business–in a transformational deal that is valued at $1.5 billion. Money manager Invesco will acquire Morgan Stanley’s retail asset management unit with $1.5 billion in a combination of cash and stock.

Lloyd Chapman: Justice Department Drops Appeal of Federal Court Ruling

The U.S. Department of Justice has dropped its appeal of a ruling by the U.S.

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