Sep. 8–When I was in graduate school, I noticed two classmates, both of whom happened to be relatives of right wing dictators, copying my answers. When I confronted them about the cheating, one replied, “Pedro, my family owns Nicaragua. His […]

Sep. 7–Mutual funds have been the white hats of the investment world — standing above the scandals of WorldCom and Wall Street, smiling like the survivors at a convention of undertakers. That was last week. Then Eliot Spitzer revealed accusations […]

Sep. 7–The scandal-a-week machine on Wall Street served its latest offering Wednesday, when New York Attorney General Eliot Spitzer accused Bank of America and other firms of cheating mutual fundinvestors to gain business from a favored client. The new allegation […]

Sep. 7–Some good news — finally — for venture capital in Florida. Anyone who follows the high-tech world knows that such financing is the rocket fuel that helps young companies get off the ground. But the sluggish economy has dampened […]

MARKETS Average investors have little defense against dishonesty on Wall Street By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, September 7, 2003 One of the most frustrating things about the allegations by New York Attorney General Eliot Spitzer against the mutual […]

Lyndon Johnson, the US president, famously said: “If you’ve got them by the balls, their hearts and minds will follow.” This is the theory of so-called “deep discount” rights issues. If your sharesare trading at X, and you decide to […]

Serco Whether you like it or not, Serco is going to play a big part in the Government’s shake-up of the public sector. The company already provides a vast array of services for the state, from decomissioning nuclear weapons and […]

NEW YORK, NY — (MARKET WIRE) — 09/05/2003 — Class action lawsuits were commenced in Colorado and Wisconsin State Courts on behalf of all purchasers, redeemers and holders of mutual fund shares ofJanus High-Yield Fund (NASDAQ: JAHYX), Janus Mercury Fund […]

NEW YORK, NY — (MARKET WIRE) — 09/05/2003 — A class action lawsuit was commenced in Colorado State Court on behalf of all purchasers, redeemers and holders of mutual fund shares of JanusHigh-Yield Fund (NASDAQ: JAHYX) and Janus Mercury Fund […]

NEW YORK, NY — (MARKET WIRE) — 09/05/2003 — A class action lawsuit was commenced in Wisconsin State Court on behalf of all purchasers, redeemers and holders of mutual fund shares of Strong GrowthFund (NASDAQ: SGROX), Strong Large-Cap Growth Fund […]

Sep. 6–In his first major crisis since taking over Bank of America Corp. in the spring of 2001, Chief Executive Ken Lewis said Friday he would punish any employees involved in improper trading ofmutual fund shares. “We have a keen […]

A GLASGOW company is to cut at least 50 jobs at its headquarters as part of a major shake-up. Telecoms networking firm Damovo and its financial backers, venture capital firm Apax Partners, have said they are unable to rule out […]