MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, November 15, 2001 Blodget Departs Mother Merrill Henry Blodget, who was on the cutting edge of the dot com revolution in the 1990's, has agreed to be one of Merrill Lynch's 50,000 employees to accept a buyout offer from the firm, according to an article in The New York Times. Blodget had correctly predicted in 1998 that the price for a share of Amazon.com stock would reach $400. * * * According to The Wall Street Journal, former employees of Fred Alger Management are returning to work for their old firm. Fred Alger lost 35 of its 55-member staff in the World Trade Center on September 11, 2001. * * * The Wall Street Journal also reports that Bruce Wasserstein has resigned from Dresdner Kleinwort Wasserstein. He sold his company to Dresdner AG last year. Reportedly, the executive has been in talks with Lazard. * * * Invesmart is taking issue with some of the provisions of John Boehner's retirement advice legislation now working its way through Congress. The firm is advocating a number of "watchdog" measures for plan participants. To find out more, visit the firm's website. * * * Electronic-401k provider GoldK has added the three Oberweis Funds to its retirement supermarket. The funds are Oberweis Micro-Cap Portfolio, Oberweis Mid-Cap Portfolio and Oberweis Emerging Growth Portfolio. GoldK is a startup which has built a platform for distribution to small employers through broker-dealers and financial institutions. The firm did not comment on word it has raised a new round of venture capital. Printed from: MFWire.com/story.asp?s=27085 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |