SEC’s Cox Says Investment Banks Play Unique Role (SmartPros Accounting)
July 28, 2008 (AFX News Limited) WASHINGTON (AP) - Having investment banks follow the same rules as commercial banks would hurt the U.S. financial system and drive risk-taking business outside of government oversight, the head of the Securities and Exchange Commission said Thursday.
‘Wellness’ a healthy investment for company (CNN.com)
Lincoln Industries looks like a typical blue-collar plant: workers cutting, bending, plating and polishing steel for products such as motorcycle tailpipes and truck exhausts amid the din of machinery.
State seeks Capital Investment Funding’s compliance with subpoena (The Greenville News)
South Carolina’s attorney general has asked a judge to order Arthur Field and his Upstate investment firm to comply with a subpoena for financial records as part of a civil investigation.
BSE lists six funds of Global Investment House (AME Info)
Director of The Bahrain Stock Exchange (BSE), Mr. Fouad Rashid approved to list six funds issued by Global Investment House at the Exchange on Sunday 27th of July 2008.
Ohio will get up to $55M after investment scandal (AP via Yahoo! Finance)
Ohio will get about $55 million from the sale of rare coins and other memorabilia that were purchased by a former Republican fundraiser convicted of stealing from a state investment fund he managed, officials overseeing the liquidation said.
Top tips: Wine investment (The New Zealand Herald)
Luke Batchelar, of Batchelar Fine and Rare Wine, a wine sourcing and cellaring consultancy, answers queries about wine investment. Is wine collecting a safe investment?
Post-Olympic investment, consumption face challenges in Beijing: report (China Daily)
Investment and consumption, the two pillars of economic growth in Beijing, faces challenges in the post-Olympic period as a report predicts the growth of fixed-asset investment may shrink to 10 percent in the third quarter, down 14.8 percent from the first quarter.
State’s investment portfolio nearly $11B (Casper Star-Tribune)
CHEYENNE — Calling it "staggering growth," State Treasurer Joe Meyer announced Thursday that the state’s investment portfolio grew by $1.5 billion in book value during the past fiscal year, for a new total of nearly $11 billion.
Casino investment helped fund Wendt Foundation’s gambling suit (The Buffalo News)
The Margaret L. Wendt Foundation’s investment in one of the world’s largest gambling companies generated enough profit to pay for the legal fight against a downtown Buffalo casino.