Investment Service NewsInvestment Services news continually updated from thousands of sources around the net.Banker Takes To NYC Streets With 'For Hire' Sign- June 24, 2008 Call it a sign of the times. An unemployed banker has taken to the streets of Manhattan -- wearing a pinstriped suit and an "MIT Graduate for Hire" sign draped over his shoulders. Joshua Persky, an unemployed financial engineer, says he'll be passing out resumes during the lunch hour all week. On Monday and Tuesday, he promoted himself in front of the Charles Schwab building at 50th Street and Park Avenue. Persky lost his job six months ago as an investment banking consultant.http://www.topix.net/business/investment-services/2008/06/banker-takes-to-nyc-streets-with... World's Wealthy Growing In Number, Resources- June 24, 2008 The world's millionaires club is getting bigger - and its members decidedly richer. The number of people around the globe with at least $1 million in assets swelled by 6 percent last year to 10.1 million, according to the 12th annual World Wealth Report released Tuesday by Merrill Lynch & Co. and Capgemini Group, a consulting firm. That means an additional 600,000 people became millionaires or richer even as problems tied to the U.S. credit crisis spread in the second half of the year.http://www.topix.net/business/investment-services/2008/06/worlds-wealthy-growing-in-number... Mkts crash, Sensex at a 10-mth closing low- June 24, 2008 Mumbai, June 23: The Markets continued their downward trend on Monday with benchmark Sensex shedding over 270 points to its 10-month low of 14,293.32 on selling pressure which was strengthened by a global ...http://www.topix.net/business/investment-services/2008/06/mkts-crash-sensex-at-a-10-mth-cl... Business Watch- June 24, 2008 Columbia, S.C. -- The three men, claiming to have been rescued from financial ruin by divine intervention, went to homes and churches across North and South Carolina spreading tales of financial rescue.http://www.topix.net/business/investment-services/2008/06/business-watch?fromrss=1 Goldman cuts financials, admits goofed on upgrade- June 24, 2008 Goldman Sachs & Co strategists urged stock investors on Monday to "underweight" U.S. financial and consumer shares, admitting it was wrong when it upgraded both sectors just seven weeks ago.http://www.topix.net/business/investment-services/2008/06/goldman-cuts-financials-admits-g... Hackers make mirror image of Citadel site- June 23, 2008 The famously discreet Citadel Investment Group draws many of the shrewdest minds from Wall Street to Chicago.http://www.topix.net/business/investment-services/2008/06/hackers-make-mirror-image-of-cit... Stocks Fluctuate Following Last Week's Losses- June 23, 2008 Stocks struggled Monday, making only short-lived advances as investors anxiously watched the direction of oil prices and awaited the Federal Reserve's meeting that starts Tuesday. Disappointment over Saudi Arabia's weekend announcement about plans to boost production sent oil prices higher. Light, sweet crude rose $2.21 to $137.57 per barrel on the New York Mercantile Exchange. With little economic data arriving, investors have little to focus on but the price of oil and the Fed's two-day...http://www.topix.net/business/investment-services/2008/06/stocks-fluctuate-following-last-... Buffett wisdom- June 23, 2008 Warren Buffett, chairman of Berkshire Hathaway, is one of the world's greatest investors.http://www.topix.net/business/investment-services/2008/06/buffett-wisdom?fromrss=1 Target: Private equity looking at Babcock & Brown- June 23, 2008 BABCOCK & Brown is in the sights of US private equity firm Kohlberg Kravis Roberts, according to a British newspaper report.http://www.topix.net/business/investment-services/2008/06/target-private-equity-looking-at... Investing to fight inflation shouldn't be only aim- June 23, 2008 NEW YORK - Surging costs for gasoline and food might elicit the most groans about rising prices, but inflation can also tax a portfolio.http://www.topix.net/business/investment-services/2008/06/investing-to-fight-inflation-sho... |