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February 9, 2012
Public Cloud vs. Private Cloud: Which is Best for Your Wealth Management Organization?
Blog
Latest Madoff Victim, Batman, Falls on Hard Times
April 30, 2009 @ 21:39 PM | By Penny Crosman
Adam West, a.k.a. Batman, tries to recover from being Madoffed; a cat jumps in and out of a box. Batman Holds A Garage Sale How much would you pay for Bat Socks?
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SEC Starts Tweeting In Effort To Revamp Image and Increase Transparency
April 28, 2009 @ 10:55 AM | By Melanie Rodier
The watchdog recently took a severe and prominent battering in the Bernard Madoff fraud case, which agents failed to stop despite the best efforts of whistleblower Harry Markopoulos.
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Was AIG's Fall Criminal?
April 28, 2009 @ 10:04 AM | By Gregory MacSweeney
CBS News is reporting that a Justice Department criminal investigation is trying to figure out just how AIG crumbled. Sources say investigators are digging into whether Joseph Cassano, the former head of London-based AIG Financial Products, and two of his top deputies -- Andrew Forster, an executive vice president, and Thomas Athan, a managing director -- committed securities fraud and other federal crimes.
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Investors Await Bank Stress Tests
April 24, 2009 @ 09:58 AM | By Gregory MacSweeney
Crucial regional banks are expected to fail the Fed's "stress tests," reports CBS News' Priya David and investors are waiting for more details that will be release later today.
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TGIF: The Apps on Darth Vader's iPhone
April 24, 2009 @ 08:33 AM | By Penny Crosman
There's an app for everything, including galaxy domination.
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BIDS Chief Mahoney Says Fragmentation Distorts Volume and Volatility
April 23, 2009 @ 10:16 AM | By Gregory MacSweeney
Today it's harder to rely on share volume as a stock-market indicator than it used to be, says Tim Mahoney, chief executive of BIDS Trading. Mahoney says we are witnessing a transformation in the marketplace as "the role of the market maker has moved from a person to a computer."
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Investigators Open 20 TARP-Fraud Criminal Probes
April 22, 2009 @ 09:54 AM | By Gregory MacSweeney
Ever since taxpayer money was handed out to U.S. banks, the question has been "where did the money go?" TARP warns that one out of ten bailout dollars could be lost to fraud, amounting to possibly $100 billion or more.
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Many Banks May Fail Stress Test as Toxic Assets Wreck Wall Street
April 21, 2009 @ 09:40 AM | By Gregory MacSweeney
Many banks are expected to fail the "stress test," leading the market into a tumble, reports CBS News correspondent Priya David.
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Geithner Under Fire on Capitol Hill Today
April 21, 2009 @ 09:34 AM | By Gregory MacSweeney
A critical watchdog report out this morning on the Troubled Asset Relief Program (TARP) says Tim Geithner's Treasury Department needs to do a better job of tracking how banks are using TARP money.
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Promising Year Ahead for Wealth Management, Thomson Reuters Says
April 20, 2009 @ 13:48 PM | By Penny Crosman
"The finger's come off the panic button," says John Fennelly, global managing director of the wealth management markets division at Thomson Reuters, of the economic environment surrounding the wealth management business. "In September through January, everybody was extremely nervous; who knew what equilibrium would look like?"
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TGIF: The Effects of Replacing Workers with Computers
April 17, 2009 @ 07:25 AM | By Penny Crosman
An office replaces workers with boxes; a parking attendant validates more than stubs.
Boxed Out Office replaces workers with boxes. continued...Comment on this blog entry
Jon Stewart Rates Bear Stearns Book A "Buy"; Flutter, the New Twitter
April 10, 2009 @ 10:08 AM | By Penny Crosman
The latest book about Bear Stearns gets a bullish recommendation from Jon Stewart; Flutter, the new microblogging site for those too lazy to Twitter; Wall Street's Trinity Church to perform the story of Jesus Christ via Twitter.
Jon Stewart is Bullish On New Bear Stearns Book Daily Show host says "Booyah!" to a new book about Bear Stearns.| The Daily Show With Jon Stewart | M - Th 11p / 10c | |||
| Intro - Buy Bear Stearns Book | ||||
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Ex-Deutsche Bank Trader Launches New Social Networking Site for Retail Traders
April 09, 2009 @ 17:19 PM | By Melanie Rodier
As public sentiment turned against Wall Street, Peter Shepard launched a new web site for retail traders not to have to rely on Wall Street who let them down.
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Restructuring and Job Losses in the Financial Sector
April 07, 2009 @ 10:49 AM | By Gregory MacSweeney
John Garvey, partner at PricewaterhouseCoopers, discusses whether more job losses lie ahead, specifically in the financial sector, as well as how financial firms are completely restructuring their business.
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Unemployment May Peak at 10%
April 03, 2009 @ 07:34 AM | By Gregory MacSweeney
A little more than 11 months ago I wrote a blog that called for 9 percent unemployment by May 2009. At the time, the forecast received some criticism - mostly from people in denial about the severity and depth of the financial crisis. Well, it looks like 9 percent national unemployment is a reality, but if you read on, there is good news to report as well.
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Daily Show Trounces Congress; T. BearSachs, SouthPark Bank Advise Investors
April 02, 2009 @ 18:03 PM | By Penny Crosman
Jon Stewart trashes Congressional debates over Barack Obama's budget; two firms, T. BearSachs Financial and SouthPark Bank, try to guide investors through these uncertain times. The Ever Spending Story Jon Stewart flogs Congress over its budget debates.
| The Daily Show With Jon Stewart | M - Th 11p / 10c | |||
| The Ever Spending Story | ||||
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At Long Last, a Facelift for Mother Merrill
April 02, 2009 @ 11:39 AM | By Michael Ellison
Last week, our e-Monitor team logged into their Merrill Direct account (the full service account website has not been converted yet, more on that below) and were greeted with a new client site - one that even has its own URL: www.mymerrill.com. While many of the tools remain the same, the overall design is much improved and the resulting site is more user-friendly and visually appealing.
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G-20 Takes Shape Around Regulation
April 02, 2009 @ 09:52 AM | By Gregory MacSweeney
As the G-20 gets underway, regulation is the big theme, and countries are starting to pledge their support to do what's necessary to help their economies.
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Google Forms $100 Million Venture Capital Fund
April 01, 2009 @ 10:47 AM | By Gregory MacSweeney
Google has formed Google Ventures, a $100 million venture capital fund that will invest in new technology companies in a broad range of industries.
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