Investing to Wealth

The Office of the Comptroller of the Currency and the Office of Thrift Supervision just put out the second quarter Mortgage Metrics Report [pdf] and — wait! wait! Don't leave! There may be a house in it for you. Within three months, 27.7 ...Read More »

The Securities and Exchange Commission today charged AGCO Corporation with violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA), alleging that certain subsidiaries made approximately $5.9 million in kickback payments related to ...Read More »

A little while back we ran a video about a former New York Stock Exchange floor trader who is now working out of the back of a Mr. Softee truck. It seemed like an interesting and quirky change of pace ...Read More »

“Bank of America continuing to tighten its belt. Selling off the long-term asset management business of its Colombia Management unit to Ameriprise Financial for a price tag of $1.2 billion dollars. The deal is expected to close in the spring ...Read More »

<mce:script language="JavaScript" type="text/javascript"><!-- document.write('<a href="http://clk.atdmt.com/NYC/go/152905242/direct/01/" mce_href="http://clk.atdmt.com/NYC/go/152905242/direct/01/" target="_blank"><img src="http://view.atdmt.com/NYC/view/152905242/direct/01/" mce_src="http://view.atdmt.com/NYC/view/152905242/direct/01/"/></a>'); // --></mce:script><noscript><a href="http://clk.atdmt.com/NYC/go/152905242/direct/01/" mce_href="http://clk.atdmt.com/NYC/go/152905242/direct/01/" target="_blank"><img border="0" src="http://view.atdmt.com/NYC/view/152905242/direct/01/" mce_src="http://view.atdmt.com/NYC/view/152905242/direct/01/" /></a></noscript> Sponsored by: What's it like to watch an acquirer disintegrate your company after you built it from the ground up?  Marc Andreessen, founder of ...Read More »

Sarah Palin’s people are reportedly asking for $100,000 per speech, but the orders don't seem to be flowing in. It’s not the money that’s the problem, according to the New York Post. "The big lecture buyers in the US are paralyzed with ...Read More »

The Russian hedge fund billionaire who sued the Plaza and its developer El-Ad Properties last year, while trying to get out of a $53 million acquisition of two penthouses, finally got his way. Andre Vavilov,  also a former government official, sold ...Read More »

The chairmen of the Securities and Exchange Commission and the Commodity Futures Trading Commission announced today that they anticipate, in two weeks, the two agencies will issue a report that will address key areas in which their regulatory schemes are ...Read More »

I had breakfast with Mark Graban on Sunday morning. He is a senior fellow at the Lean Enterprise Institute and author of the book Lean Hospitals: Improving Quality, Patient Safety, and Employee Satisfaction. It’s always a great time talking with him. ...Read More »

Long-term fund flows continue to flee U.S. domestic equities according to today's release from the Investment Company Institute. Over $2 billion came out of long-term mutual funds in the seven days ending September 23rd, meaning that September's run rate might be ...Read More »