Economy

Goldman doubles Facebook share sales Fallback Image Decorative pattern

Economic Indicators

Goldman doubles Facebook share sales

Early Facebook investors, including Goldman Sachs, plan to unload more shares in the upcoming IPO—adding 84 million shares, worth up to $3.2 billion, to take advantage of increasing investor demand.

May 16, 2012

2 min read

Is your client a bigamist? Fallback Image Decorative pattern

Economic Indicators

Is your client a bigamist?

A high profile divorce and remarriage debacle involving the parents of actress Reese Witherspoon contains what may seem an obvious lesson for advisors: When doing estate planning for someone who says they’re divorced, demand to see the paperwork. It seems John Draper Witherspoon never actually divorced his wife of 42 years before tying the knot […]

By Staff |May 16, 2012

1 min read

Morning roundup: Facebook fury; Executive pay; Debt problems everywhere Fallback Image Decorative pattern

Economic Indicators

Morning roundup: Facebook fury; Executive pay; Debt problems everywhere

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: – Facebook fury IPO fury at Facebook is proving a welcome distraction on Wall Street. The most anticipated stock offering so far this century got an extra bit of […]

By Staff |May 16, 2012

2 min read

The Eurozone won’t collapse Fallback Image Decorative pattern

Economic Indicators

The Eurozone won’t collapse

Economists are being too alarmist when considering the fate of the Eurozone, says Benjamin Tal, managing director of CIBC.

May 15, 2012

2 min read

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