Monthly Archives: November 2003

Wide support grows for stance against the flawed operations of the Financial Services Authority TODAY’S column gives an opportunity to catch up with the letters and e-mails of support for my criticisms of the Financial Services Authority that readers have […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: November 24, 2003> Time: 18:30:00> Tran: 112400cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: William Parrett, Daniel Mitchell> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]

<body.content> <block> <p>NEW YORK, Nov. 24 /PRNewswire/ — Nine of the largest dealers in credit default swaps worldwide are now using the automated trade confirmation servicedeveloped by The Depository Trust &amp; Clearing Corporation (DTCC) to confirm trades.</p> <p>DTCC’s service was […]

<body.content> <block> <p>NEW YORK, Nov. 24 /PRNewswire/ — SG Corporate &amp; Investment Banking (SG CIB), a division of Societe Generale Group, announced today that it willoffer a range of new financial products based on the MSCI(R) Hedge Invest Index to […]

Nov. 24–In the 1960s, Lyndon Johnson told us we could afford “guns and butter.” That we could spend money fighting a war and finance the “Great Society.” Now George Bush is telling us we can have “guns and tax cuts.” […]

Aren’t charges at Strong due? It’s been almost 3 months since first accusation By KATHLEEN GALLAGHER AND PAUL GORES kgallagher@journalsentinel.com Sunday, November 23, 2003 New York Attorney General Eliot Spitzer told a congressional committee earlier this month that Richard S. […]

SCANDAL SUMMARY Many companies have lost employees over market timing Sunday, November 23, 2003 Many mutual fund companies find themselves caught in New York Attorney General Eliot Spitzer’s widening net. Many more firms than are on this list have been […]

Scandals taint college savings plans; investors may have to wait on changes By JOHN KIMELMAN New York Times Sunday, November 23, 2003 Over the last few years, investors’ biggest complaint about state- sponsored college savings plans was that they often […]

Nov. 23–The attitude of some Las Vegas investors on the mutual fund scandal can best be summed up in the title of the 1968 Clint Eastwood movie, “Hang ‘Em High.” Others think the title of a Shakespeare play, “Much Ado […]

Nov. 23–Hank Okraski felt blindsided when he found out his longtime mutual fund, Janus, was linked to ongoing investigations of improper trading practices within the mutual-fund industry. Nobody from Janus had given him a heads-up. Nobody had called with a […]

Nov. 23–Geron was once a high-flier among biotech companies, best known as the leader in growing cells from human embryos to treat a host of ailments, like heart disease, diabetes and Parkinson’s. It captured the imagination of investors and the […]

Nov. 23–If you own mutual funds, there’s a very good chance you’ve been robbed. That’s right, robbed. Nobody knows exactly how much was taken. But robbery is, in essence, what the widening mutual-fund scandal amounts to. Since September, regulators have […]