Archive for October 22nd, 2009

Ilene H. Lang: Reality Check: What’s Wrong With This Picture?

The recently published Shriver Report lays out an argument that the workplace must catch up to the realities of today’s workers and their families. So what’s reality?

Strangest Homes On The Market (PHOTOS)

AOL : Oddball properties dot neighborhoods across the country–castle-like structures and homes built from lighthouses and bamboo. From a “residential community at sea,” to a “floating” California home that includes a Batcave-like elevator for your car, homeowners have dreamed up some wild residences. And now, they have to sell them

BlackRock’s Fink sees MandA wave among money managers


 
 The government’s increased scrutiny of Wall Street’s fiduciary obligations will prompt a wave of mergers and acquisitions in the investment management industry, according to Laurence D. Fink, chairman and CEO of BlackRock Inc.

AIG, Citigroup and BofA brass have comp slashed by pay czar


 
 The Treasury Department on Thursday ordered seven companies that received billions of dollars in government bailouts to halve total compensation for their top executives. But the big reductions will not apply to pay earned before November.

iPhone’s ATM-Finding Apps Help You Skip Bank Fees

Around the Web: Apple – iPhone – Download thousands of iPhone applications. Apple – Web apps – All Categories 40 Awesome iPhone Application Websites | Webdesigner Depot ATM usage fees – Wikipedia, the free encyclopedia Banks Raise Off-Network ATM Fees | BNET Financial Services Blog | BNET ATM fees for non-customers up 12.6% – San Jose Mercury News

Raj Rajaratnam Sued By Sri Lankan Victims: Galleon Group Portfolio Manager Accused Of Supporting The Liberation Tigers Of Tamil Eelam

NEW YORK — A billionaire hedge fund manager charged in a $25 million insider trading case was sued by victims of violence in Sri Lanka who say he helped finance separatist rebels notorious for suicide bombings. The federal lawsuit was filed Thursday in Newark, N.J., against Raj Rajaratnam, a 52-year-old portfolio manager for Galleon Group, a hedge fund with about $3.7 billion in assets. The victims of the militants’ attacks sued Rajaratnam for unspecified damages, saying that he and an organization knowingly provided support to the Liberation Tigers of Tamil Eelam to advance a terror campaign

SEC launches investor education website


 
 In what could be a bit of a make-good to investors after missing some massive fraud cases in the last year, —namely Bernie Madoff’s $65 billion Ponzi scheme — , the Securities and Exchange Commission has launched its first-ever website devoted exclusively to helping educate investors. In a front-and-center embedded video, SEC Chairman Mary Schapiro notifies visitors that the site is loaded with resources that can help individuals will all parts of investing — from analyzing their current holdings to checking out the background of an SEC-registered financial professional. By visiting the investor.gov site, a user will find information that includes sections specifically for individuals who are just getting started with investing, saving for a child’s education or planning for retirement

Powered by Tcmo6| About