Reuters Money: Bernanke drops a D-bomb

	Click to View in Browser 07/18/2013 Bernanke drops a D-bomb (Reuters) - Ben Bernanke dropped a D-bomb on Congress on Wednesday. Me & My Money: Finance maven Krawcheck hates managing her own money NEW YORK (Reuters) - Sallie Krawcheck may be one of the most powerful women in American finance, but the former head of Citigroup and Bank of America's wealth management businesses hates doing her own financial plan. Like, really hates it. Bernanke tells Congress Fed flexible on bond buying WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank still expects to start scaling back its massive bond purchase program later this year, but he left open the option of changing that plan if the economic outlook shifted. Morgan Stanley is 'well ahead' of asset reduction target: CFO NEW YORK (Reuters) - Morgan Stanley is "well ahead" of its target to boost returns in its fixed-income trading business by reducing assets that have hefty capital requirements, with risk-weighted assets dropping 5.5 percent in the second quarter, Chief Financial Officer Ruth Porat said on Thursday. Icahn slams Dell board, remains bullish on Herbalife: CNBC NEW YORK (Reuters) - Billionaire activist investor Carl Icahn said on Wednesday he is "feeling good" about his bet on computer maker Dell Inc while criticizing the company's board for being dysfunctional. Paulson says his funds' fortunes are up; bullish on buying homes NEW YORK (Reuters) - Hedge fund billionaire John Paulson wants the world to know he is having a good year. U.S. prosecutor warns Wall Street about repeat violations NEW YORK (Reuters) - Manhattan U.S. Attorney Preet Bharara said investment firms that repeatedly violate the law should be concerned that they will eventually be held accountable. Bank of America makes hay from wealth management NEW YORK (Reuters) - Hidden in the numbers released in Bank of America's second-quarter earnings report on Wednesday was a single figure - 27.6 percent - that should delight the wealth management industry. Officials warn of Obamacare insurance exchange delays WASHINGTON (Reuters) - Two U.S. government officials warned on Wednesday that the launch of new state healthcare exchanges could potentially be delayed, raising further doubts about the implementation of President Barack Obama's signature legislation. U.S. money funds cut European holdings at quarter-end: JPMorgan NEW YORK (Reuters) - U.S. prime money market funds reduced their holdings of European bank debt in June as investors favored government securities over money funds at quarter-end, according to a report by JPMorgan Securities released on Wednesday. Related Video How to play banker on the web Big dividends can mask big risks - Money Clip Business News Jobless claims fall sharply in positive sign for hiring Wall Street opens little changed as earnings pour in The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend