Bloomberg News

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Warhol Bodyguard Sued Over Decades-Hidden 'Liz' Painting

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Andy Warhol’s foundation sued the iconic pop artist’s former bodyguard, accusing him of stealing a 1964 painting of actress Elizabeth Taylor, entitled “Liz,” and hiding it for more than 30...

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SEC Responds To Market Volatility By Ramping Up Bond-Fund Exams

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Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.

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Hunt’s Death Revives Memory Of Billions Lost On Silver Wager

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To Nelson Bunker Hunt, who recently died at the age of 88, viewed the hording of silver as a way to counter a world full of enemies, those who knew him say.

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First Scottish Tax In 300 Years Targets Expensive Homes

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The nationalist government’s plan, designed to reduce inequality, replaces a U.K. duty that Scotland’s finance secretary called “unfair.”

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Wyly Widow Files Bankruptcy Citing $101 Million SEC Debt

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The widow of investor Charles Wyly filed for bankruptcy after a Manhattan jury found her husband and billionaire brother-in-law ran a stock fraud that made them $550 million.

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DoubleLine’s Gundlach, Pimco’s Mather See Dollar Strengthening

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The U.S. dollar will get stronger and top its 2009 levels, DoubleLine Capital LP’s Jeffrey Gundlach said at a fund-industry conference.

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Paul Tudor Jones Sees U.S. Stocks Beating Globe Through 2014

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Billionaire Paul Tudor Jones, one of the most successful hedge-fund managers, said U.S. stocks will outperform other equity markets for the rest of the year.

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Blackstone Adds Luxury-Jet Finance In $280 Billion Market

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Blackstone Group LP, vying with financiers including Citigroup Inc., is starting a new fund to provide loans for a luxury-jet market projected to reach $280 billion over the next decade.

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Argentina Hedge Fund Startup Leverages Rich Client Money

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The Argentina Recovery hedge fund has raised $100 million and will buy the country’s dollar-denominated bonds and American depositary receipts starting in December.

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