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Insurer Aflac Inc. said Wednesday its second-quarter net income fell 35 percent because of larger-than-usual investment losses.
Studio head paid $450k to settle failed investment (AP via Yahoo! News)
A film studio executive who never repaid $1.9 million he took from New Orleans Saints players and others paid $452,000 to settle a dispute over another failed investment, court records show.
Wells Fargo Shows New Passion for Investment Banking (Update1) (Bloomberg)
July 29 (Bloomberg) — Wells Fargo & Co.s $12.7 billion purchase of Wachovia Corp., meant to bolster deposits and mortgage operations, has deepened the companys commitment to investment banking as corporate stock and bond sales surge.
Hedge Funds
