Scarlet Ortiz

More info…
April 27 (Bloomberg) — UBS AG , the European bank with the largest losses from the credit crisis, replaced Jerker Johansson as head of its investment bank as Chief Executive Officer Oswald Gruebel shakes up management two months after taking over.

New UBS reshuffle claims investment banking head (Reuters via Yahoo! News)

UBS on Monday replaced the head of its troubled investment banking unit, Jerker Johansson, in a new management reshuffle underlining CEO Oswald Gruebel’s resolve to stem persistent losses.

Obama promises major investment in science (MSNBC)

President Barack Obama on Monday promised a major investment in research and development for scientific innovation, saying the United States has fallen behind others.

Mutual Funds

offshore mutual funds

More info…
Seoul - South Koreas economy unexpectedly grew slightly by 0.1 per cent in the first three months of 2009 compared with the last quarter of the previous year, thereby narrowly avoiding sliding into a recession. The gross domestic product (GDP) was …

BofA CEO says feds threatened his job security - San Francisco Gate
Friday, April 24, 2009 Lewis also testified that he had been advised by the officials, former Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, not to disclose details of Merrill Lynchs financial position, according to New …

Mutual Funds

rydex mutual funds

More info…
Investors in green investment funds are set to receive a boost from what Alistair Darling called the worlds first-ever carbon Budget.

Mutual Funds

Investment Fund Provides $60 Million to Power-One (San Fernando Valley Business Journal)

Power-One Inc. received $60 million in new capital from Silver Lake Sumeru, an investment fund for middle-market technology companies.

REGION: County OKs severance for investment officer who quit (North County Times)

San Diego County on Friday approved a severance package valued at $52,000 for David Deutsch, the county employee pension fund’s chief investment officer who abruptly quit last month.

best us treasuries mutual funds

More info…
Treasury Secretary Timothy Geithner on Tuesday defended the bank rescue program devised by the Obama administration. Geithner faced a battery of questions from lawmakers over the Treasury’s public-private partnership investment plan to rid financial insti… (source: NPR) - RSS and News widget on Feedzilla.com

Morgan Stanley posts loss, shares fall (source: Reuters)

NEW YORK (Reuters) - Morgan Stanley posted its second straight quarterly loss on Wednesday and slashed its dividend as real estate investment losses and a charge from the improving value of it own debt wiped out gains in its trading businesses.

(source: Reuters) - RSS feeds and Feed widget on Feedzilla.com

Mutual Funds

poor mutual funds