A securities expert told Bloomberg that despite the increase exchange-traded note investments seen in the last two years, investors do not still have a clue on how these volatile securities work or the risks associated with it.
Spokeswoman Lucy Nashed for Texas Governor Rick Perry confirmed in an email statement yesterday that the governor has hired a criminal defense lawyer to represent him in an ethics probe about his line item veto of the funding of a state investigative unit for corruption cases by public officials.
Bloomberg reported that Goldman Sachs Group Inc has plans to file a petition with a judge for the dismissal of the lawsuit filed by the Libyan Investment Authority over securities the bank had handled and the latter claimed to be worthless.
Proxy advisory firm Glass Lewis advised their clients to vote for shareholder rights plan for Augusta.
