- Gross Headed for Record Book as Manager of Biggest Mutual Fund in History Pimco Total Return Fund, run by Bill Gross since its inception in 1987, is set to become the biggest mutual fund in the industry’s history as individual investors mostly sit out the 2009 stock rally for the safety of bonds.
- Ron Paul's Fed-Bashing Resonates With Lawmakers Grown Wary of Bank's Power For U.S. Representative Ron Paul, the ninth time may be the charm.
- Hildebrand Sets Sights on `Sacred Cows' of Swiss Banking as SNB Job Looms Philipp Hildebrand, hedge fund manager turned central banker, is setting his sights on the dangers posed by UBS AG and Credit Suisse Group AG to the Swiss economy.
- Pfizer Faces Life After Lipitor by Embracing Bio-Generics to Spur Growth Pfizer Inc., which became the biggest drugmaker selling widely prescribed pills such as the Lipitor heart medicine, is preparing to enter the business of making cheaper copies of pricey, injectable drugs from biotechnology.
- British Homebuyers Reject `Little Box' Apartments as Houses Make Comeback Houses are making a comeback in the U.K. as buyers reject “little box” apartments and investor demand for rentals evaporates.
- Tiger Woods's Corporate Sponsors Avoid Stock-Market Swoon: Chart of Day Tiger Woods’s corporate sponsors, who are playing down their ties with the top-ranked golfer amid reports that he had extramarital affairs, are holding up relatively well in the stock market.
- Oi Negotiates `Very Cheap' Bank of China Loan to Expand Brazilian Network Telemar Norte Leste SA, Brazil’s biggest phone company, is talking with Bank of China Ltd. about a 10-year funding accord to help it free up cash and lure more customers, the finance chief of Telemar’s holding company said.
- Tiger Woods Vanishes From Prime-Time Television Ads After `Transgressions' Advertisements featuring Tiger Woods have disappeared from prime-time broadcast television and many cable channels following reports of his extramarital affairs, according to data from Nielsen Co.
- Insider Loans Distrusted by FDIC's Bair as Georgia Bank Failures Lead U.S. James H. Blanchard and A.W. “Bill” Jones III played golf and hunted turkey, quail and deer together. They were passionate about servant leadership, the idea that corporate executives should emulate Jesus Christ as stewards for their workers, customers and communities.
- Peter Hambro Eyes Place in Family Pantheon With Bet on Russian Gold Mining Peter Hambro, chairman of gold miner Petropavlovsk Plc, says even his 94-year-old mother keeps a close watch on the company’s stock price, which has tripled in 2009.
Bloombers Daily News 10th December 2009
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