A doctor who quit medicine to run high-flying health-care investment funds once owned by Morgan Stanley now sits in federal prison. Losing his mother may have played a role in his downfall.
Bruce Berkowitz’s Fairholme Fund is poised to post its best year in a decade, led by the rebound of financial firms that fueled what he called a "horrible" 2011.
Charitable giving through donor-advised funds at Schwab Charitable is well on its way to doubling compared to last year due in part to possible changes in tax laws, according to Schwab.
