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Receiver Appointed for $50 Billion Ponzi Scheme

By Michelle A. Samaad

WASHINGTON -- A court-appointed receiver is now in place for a $50 billion Ponzi scheme involving Bernard L. Madoff Investment Securities LLC, the Securities and Exchange Commission said.

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Most Investors Confident with Staying the Course, Survey Reveals

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SEC, MSRB Debuts Online Municipal Bond Site for Investors

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December 02, 2008

LPL Financial CU Exec Hoaglin Leaves to Start Own Business

SAN DIEGO -- Mark Hoaglin, once the former CEO of XCU Capital Corp. the credit union-owned broker-dealer and investment advisory firm, has left his senior vice president post at LPL Financial Corp., which bought XCU in 2007, to start his own business.

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December 01, 2008

Investors' Patience Critical as Capital, Lending Finds Footing

MADISON, Wis. -- Under the dark cloud of a recession, it may be hard to calm jittery investors but patience may be key as banks continue to make adjustments with their capital and lending efforts.

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November 30, 2008

Wings Financial FCU to Land at JKF International Airport

APPLE VALLEY, Minn. -- Wings Financial Federal Credit Union's 19th branch will be landing at New York's JFK International Airport.

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November 24, 2008

Michigan League Relocating Headquarters from Detroit to Lansing

LANSING, Mich. -- In line with the continuing move by state leagues to improve rapport and stay close to lawmakers, the Michigan Credit Union League disclosed Tuesday it is relocating most of its operations from the Detroit area to Lansing.

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November 23, 2008

Unconvinced Investors May Go on 'Buyers' Strike'

MADISON, Wis. -- As investors recognize that there might not be any quick fixes to the economy's woes, some may go on a "buyers' strike," according to one investment expert.

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November 18, 2008

In Major Shift, Americans Consider Debt an Entitlement, Manning Says

SAN FRANCISCO -- Robert Manning, director of the center for consumer financial services at Rochester Institute of Technology, he has been testifying for years before Congress about the negative consequences of consumer debt to deaf ears.

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November 18, 2008

NCUA Chairman Fryzel Calls For Exam Rewrite and 12-Month Cycle

SAN FRANCISCO -- NCUA Chairman Michael Fryzel introduced himself to a full house of West Coast credit union professionals when addressing the California and Nevada Credit Union Leagues conference and annual meeting audience.

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Top Credit Union Management Stories

Receiver Appointed for $50 Billion Ponzi Scheme

Most Investors Confident with Staying the Course, Survey Reveals

SEC, MSRB Debuts Online Municipal Bond Site for Investors

Recommended Just For You

Credit Union Management Stories

LPL Financial CU Exec Hoaglin Leaves to Start Own Business

Investors' Patience Critical as Capital, Lending Finds Footing

Wings Financial FCU to Land at JKF International Airport

Michigan League Relocating Headquarters from Detroit to Lansing

Unconvinced Investors May Go on 'Buyers' Strike'

In Major Shift, Americans Consider Debt an Entitlement, Manning Says

NCUA Chairman Fryzel Calls For Exam Rewrite and 12-Month Cycle