Tag Archives: hefty-fees


Flood of ETFs promising hedge fund-style returns

Reuters – Money managers are flooding the market with exchange-traded funds (ETF) and mutual funds designed to give even the smallest of investors access to hedge fund returns without all the usual restrictions or hefty fees. IndexIQ Advisors, a start-up […]

From convention donor to bailout seeker

Los Angeles Times – Financial giants and other large firms now being bailed out by the government spent millions underwriting the Democratic and Republican conventions last summer, just weeks before coming to Washington seeking multibillion-dollar handouts. The big donors included […]

Wall Street is likely to face another volatile week

Los Angeles Times – In a typical recession, stocks start recovering about six months before the economy does. The crisis we’re in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening on a massive scale, […]

Wall Street layoffs could surpass 200000

Los Angeles Times – Traders and investment bankers might have more to worry about than dwindling bonus pools this year as mass firings on Wall Street are set to hit a record. The fallout from this year’s global credit crisis […]

Senate report: Investment banks helped foreigners evade millions in US stock dividend taxes

Los Angeles Times – Big Wall Street investment banks have designed and marketed schemes enabling non-U.S. taxpayers, including offshore hedge funds, to evade millions of dollars in taxes each year on U.S. stock dividends, Senate investigators have found. Some banks […]

Final Chicago Cubs bids likely in weeks

Reuters – Final bids for the Chicago Cubs will likely be due late September or early October, two sources said on Thursday, as owner Tribune Co seeks to sell the storied baseball team by the year end. The next stage […]

Oil speculators held great sway over prices, data suggest

Los Angeles Times – Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses. But when the Commodity Futures Trading Commission examined Vitol’s books […]

A 405 poem, speed limits and oil hedge funds; Ramping up

Los Angeles Times – The state bill, AB 2321, which would allow a half-cent sales tax to be placed on the November ballot, was put in the suspense file in the State Senate’s Appropriations Committee last night. I’m not sure […]

Regulators probe stock manipulation by rumor

Los Angeles Times- Wall Street regulators are examining whether securities firms adequately police rumor-mongering used to manipulate stocks after shares of Lehman Bros. Holdings Inc., Fannie Mae and Freddie Mac tumbled last week. The Securities and Exchange Commission’s inspections unit; […]

Related Posts Plugin for WordPress, Blogger...