Cheap, Cheap
By Steve PiontekNo, the headline doesn't refer, as the old joke goes, to the deep-throated sound that a 200-pound canary makes.
June 10, 2005
Former Credit Analyst Admits To Insider TradingA former credit analyst has pleaded guilty to misusing confidential information about 2 major life insurance acquisitions.[@@]The former analyst, Rick Marano, entered his plea ...
June 10, 2005
House Panel Schedules SMART HearingSeveral former insurance commissioners are expected to appear June 16 at a U.S. House Financial Services Committee subcommittee hearing to back proposed federal insurance ...
June 10, 2005
Regulators Talk About Annuity Suitability RulesSome regulators are asking whether they should be talking about minimum annuity nonforfeiture interest rates at a time when some older consumers are buying ...
June 10, 2005
Greenspan Foresees Disappointing Hedge Fund Returns but No Threat to SystemNEW YORK (HedgeWorld.com)--Low long-term interest rates worldwide are driving capital to private equity and hedge funds in search of above-average returns, but the result may be losses and a temporary shrinkage of the hedge fund industry, Federal Reserve chairman Alan Greenspan told the International Monetary Conference in Beijing, China. ...
June 10, 2005
MetLife Starts $1.8 Billion OfferingMetLife Inc. has started selling a large number of "common equity units" in connection with efforts to acquire Travelers Life & Annuity from Citigroup ...
June 10, 2005
Officials Tweak Health Privacy RulesThe federal agencies that regulate banks and financial institutions say lenders cannot use information about a consumer's health as the basis for requiring the ...
June 10, 2005
Indexes Indicate Turnaround in Hedge Fund Returns; Convert Arb Remains in DoldrumsData from several index suppliers suggest that a stock market resurgence and increasing merger activity buoyed some hedge fund strategies in May. According to a preliminary release, the Van Global hedge fund index gained 1.2% for the month. That was in line with rebounds seen in the FTSE hedge fund...