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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: money management

money management stories: 8 news summaries

(Newser) - "When we made love, I was on fire"—that is the frank admission by Bernie Madoff's married mistress in a new tell-all book about their years-long affair. Sheryl Weinstein, who worked for a Jewish women's group and lost her life savings with Ponzi schemer, reveals that she and... More »

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affair • money management • Ponzi scheme • Bernard Madoff • Sheryl Weinstein

Feds: Swindlers Blew $500M on Horses, Houses, Teddies

Another day, another fraud casee

Feb 26, 09 4:52 AM CST
(Newser) - A pair of money managers who once co-owned the New York Islanders hockey team have been charged by federal prosecutors with treating $550 million in client investments like their own "personal piggy bank," reports Reuters. Paul Greenwood, 61, and Stephen Walsh, 64, managing general partners of WG Trading... More »

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fraud • money management • Ponzi scheme • New York Islanders • securities fraud • defrauding investors

 Florida 'Mini-Madoff' 
 Missing With $350M 

Police searching for fund manager after clients complain of missing millions

Jan 17, 09 7:48 AM CST
(Newser) - A Florida hedge fund manager is missing along with hundreds of millions of dollars of his clients' money, the Sarasota Herald-Tribune reports. Art Nadel, 75, was reported missing Wednesday after his wife found a suicide note. Stunned investors have been told that Nadel's funds, thought to have totaled $350 million,... More »

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Florida • hedge fund • investment • money management • Ponzi scheme • missing person • securities fraud • Art Nadel • recession depression

 Even Money Market 
 Funds Are Risky 

Even 'safe' money markets show their soft underbellies in today's market

Sep 18, 08 10:49 AM CDT
(Newser) - As one safe haven after another disappears—from money market funds to stock investments—financial advisers are telling consumers to take a more active role in their planning, reports the New York Times. But first, do your homework and understand what you’re investing in, experts say. More »

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investing • CDs • mutual funds • money management • securities • financial crisis

 Madonna, Ritchie in Crisis Talks 

With each other, but also their accountants

Jul 1, 08 10:01 AM CDT
(Newser) - Guy Ritchie followed Madonna to New York yesterday to save his marriage—and also huddle with the family accountant in case his attempts fail. Ritchie could land $100 million of his wife’s $800 million fortune so “the lawyers will want to go through the assets with a fine-tooth... More »

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divorce • New York City • celebrity • financial planning • money management • Madonna • celebrity divorces • Guy Ritchie

commentary

Dollar-Store Dining Possible in Big Apple

Creative cooks can find big value, bigger flavor at bargain grocers

Mar 27, 08 5:42 PM CDT
(Newser) - Grocery-shopping in New York City takes a hefty toll on one’s pocketbook, Henry Alford writes in the New York Times, but at 99-cent stores, more diamonds in the rough exist than one might expect. Alford embarked on a challenge: to craft a week's worth of meals made mainly from... More »

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food • budget lifestyle • New York City • eating • money management • save money • dining • groceries • grocery stores

US Money Managers
Look Abroad

They hope to cash in as more foreign governments invest in the US

Jan 26, 08 12:30 PM CST
(Newser) - US money managers are looking overseas, where foreign governments, flush with cash and eager to spend it, are becoming increasingly involved in the US economy through investments in major Wall Street firms, real estate, and the stock market, reports the Wall Street Journal. Up to $200 billion annually could be... More »

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foreign investment • money management • China Investment Corp

20 Tips from
America's
Best Investors

Experts offer advice that you can really
take to the bank

Aug 27, 07 9:59 AM CDT
(Newser) - Get where you want to be with these sound tips from the top, courtesy of Money Magazine:
  1. Be humble in the face of uncertainty.
  2. Take calculated risks.
  3. Have an emergency fund.
More »

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investing • list • finance • business tips • money management • portfolio

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