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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> InvestmentNews.com

Republicans to zero in on regulators

Posted by RJ and Makay on Nov 04, 2010

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As of today the GOPRepublicans to zero in has added 60 House members, above the 39-seat threshold to achieve a House majority. Democrats remain in charge of the Senate, though Republicans have added six members to their caucus.

By taking over the House, Republicans now have a platform to advocate reductions in federal spending and regulations, and put pressure on the executive branch through hearings and other oversight, according to a recent article posted by InvestmentNews.com.

Casady stands to make $58M from LPL stock offering

Posted by RJ and Makay on Nov 04, 2010

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LPL Investment Holdings Inc. is settingCasady stands to make a maximum price of $30 per share on its initial public offering that market watchers believe will come any day now, according to a recent article posted on InvestmentNews.com. The filing was a preliminary prospectus and could be changed.

At the proposed maximum price of $30, LPL LPL Investment Holdings would have a potential market capitalization of $515 million and 107.1 million shares will be outstanding after the sale.

These states are financial flops

Posted by RJ and Makay on Sep 30, 2010

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Meredith Whitney,FinancialFlops of the Meredith Whitney Advisory Group LLC in New York, recently rated 15 largest states according to financial conditions and only two received passing grades. California's financial condition is rated the worst, as reported on investmentnews.com.

The report categorized the states by four criteria: economy, fiscal health, housing and taxes. Texas and Virginia are the only two states to receive overall positive ratings.

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