Having Glass-Steagall in place would not have prevented the last financial crisis. But reinstating it might make the next one even worse.
As he did as a hedge-fund manager for Bear Stearns , Jim Dowd focuses on bringing low costs and diversification to his clients.
On Monday, FBOP Corporation withdrew its bid for Doral Financial DRL. This disappointing news for shareholders comes on the heels of an ugly first-quarter earnings release. We're leaving our fair value estimate unchanged because Doral was still reviewing FBOP's offer; our fair value is based on the ...
Slapping the SIFI designation on asset managers would be bad for investors.
Outperformance is increasingly unlikely.