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Monday, March 19, 2012

Reuters Money: Jobless in midlife? Old brains can learn new tricks

Reuters » Money 2012
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03/19/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Jobless in midlife? Old brains can learn new tricks
(Reuters) - The Great Recession has left millions of midlife Americans up a creek without a paddle. Having lost jobs at the peak of their careers, they must find new work for the second half of their lives. Many will likely need to reinvent their careers -- and may consider themselves too old to embark on something new.
Bond bear market to boost Schwab, Ameritrade: UBS
NEW YORK (Reuters) - A long-term bear market in bonds is under way as a more durable global economic recovery takes root, investment bank UBS said on Friday, noting that U.S. discount brokerages Charles Schwab and TD Ameritrade stand to benefit from the rising yields.
State regulators fight for "crowdfunding" control
(Reuters) - As lawmakers prepare to vote on legislation that would make it easier for small businesses to raise capital, state securities regulators are scrambling to have authority over a funding strategy they say can harm investors.
Is a "quickie" refinancing deal worth it?
(Reuters) - I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortgage. It was one of those "quickie" offers tailor-made for my loan situation and designed to net swift business for the bank.
Goldman reviews conflict-of-interest policies
(Reuters) - Goldman Sachs Group Inc is reviewing conflict-of-interest policies and procedures for investment bankers in light of a recent controversy over a Goldman-advised deal.
Equity funds make global comeback: EPFR
NEW YORK (Reuters) - Investors favored equity funds over bond funds in the latest week as the S&P 500 notched big gains, data from EPFR Global showed on Friday.
Fugitive hedge fund manager pleads guilty
NEW YORK (Reuters) - Hedge fund manager Brian Kim, who had appeared on CNBC television as a derivatives expert, pleaded guilty in New York state court on Friday to running a $6 million Ponzi scheme and will be sentenced to up to 15 years in prison.
Batters Up: Madoff Trustee vs Mets Owners Trial
investment fraud in history, the first trial in the quest to
MF Global customers seek to streamline liquidation
(Reuters) - The primary advocate group for former MF Global customers is undertaking an effort to convert the commodities broker's bankruptcy status to one that allows a more streamlined liquidation process, saying it would preserve more potential payback for customers.
How to play it: Preparing for a stock market stall
NEW YORK (Reuters) - Investing has been a little too easy lately.
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