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Over the past decade, Greg Fleming almost became CEO of Merrill Lynch and Morgan Stanley. Now, he's put together a deal to head a new money-management venture backed by the Rockefellers.
Larry Fink's BlackRock is getting all the love from investors amid dismay over the high fees and recent underperformance of rivals who specialize in active stock-picking.
It is not too late for investors to join the emerging markets rally, but they must choose carefully.
Puerto Rico is currently in what amounts to municipal bankruptcy court.