Money manager Kenneth I. Starr, facing a criminal trial on charges he defrauded his celebrity clients of at least $59 million, was conditionally granted $10 million bail two months after his arrest.
Investors in gold mining stocks that have lost about half their market value this year are preparing for even more pain.
In Illinois, you’re never too big or too small to get stiffed by the state, which is $4 billion behind in its bills.
Gold rose as two weeks of declines attracted buying from physical users and investors, with holdings in exchange-traded products backed by the metal gaining to an all-time high. Silver also increased.
A battle between Asian buyers last night pushed a Qianlong-dynasty vase to a price of 51.6 million pounds ($83.2 million), an auction record for Chinese art.
Baker Steel Capital Managers LLP , a London-based firm managing about $1.7 billion, plans a new gold fund, predicting another year of record prices for the metal.
Northern Rock Asset Management Plc’s Chief Financial Officer David Jones left the company in the face of a regulatory probe into disclosures about mortgages sold before the bank was nationalized by the U.K. government.
"We now have the approval of our board to look at this as a long-term strategy and to bring back the agreements that are necessary to effectuate and execute it."
- David Baker on Nov 11, 2014
North American Management’s Baker Upbeat on Stocks