Author: InvestAdvocate

S&P 500 erases gains for year

The S&P 500 erased its gains for the year on Wednesday as Wall Street reversed some of its recent year-end rally, with many investors expressing concern about the outlook for early 2012. The Dow Jones industrial average <.DJI> dropped 82.65 points, or 0.67 percent, to 12,208.70. The Standard & Poor’s […]

Whistleblower documents illuminate case against BNY Mellon

Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for currency exchange, provide a rare window into how a bank insider aided a lawsuit against the bank. The information provided by whistleblower Grant Wilson, who worked […]

Warren Buffett: 2011 in Review

It was a busy year for billionaire investor Warren Buffett. Here are a few of the most closely-followed Buffett-related topics that have been in focus in 2011: Acquisitions At the start of the year, in his annual letter to Berkshire Hathaway (BRK.A) shareholders, Warren Buffett took time to focus on […]