The Fairholme manager describes the thesis behind the fund's recent purchase of Citigroup stock.
Markets editor Jeremy Glaser considers growth hopes and woes at J.C. Penney, Facebook, Greece, and more.
Tax advantages and economic moats allow master limited partnerships to offer investors much more than just high yields, says Morningstar's Paul Larson.
While duration exposure remains troublesome, large-scale bank deleveraging in the last year has credit markets looking ripe for investment, says Driehaus' K.C. Nelson.
Among recent actions taken by the SEC and FINRA were the breakup of an insider trading ring; Raymond James getting fined and censured; and proceedings over securities law violations by the Big Four accounting firms' China affiliates.
Federal securities regulators have charged a Wells Fargo investment banker with fostering an insider-trading scheme that netted at least $11 million.
The man behind the largest financial con of all time is decrying what he calls a lack of transparency in the financial markets.
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