This is the sound of the Wall Street Journal calling all 18-34 year-old’s pussies.

A general rule of thumb for investing is that the younger the investor, the more risk that can be taken on. But the global financial crisis and accompanying Great Recession created a new risk picture among younger investors. According to the Merrill Lynch Wealth Management Affluent Insights Quarterly, which polled 1,000 investors with $250,000 or more in investible assets, young investors have become almost as risk averse as the oldest investors. Here is the age breakdown for those who said they have a “low tolerance for risk today:” 18-34 year olds: 52%, 35-50 year olds: 45%, 51-64 year olds: 46%, 65+ year olds – 55% In other words, the 18-to-34 age group has about the same tolerance for risk as those who are 65 or older.

Young, Affluent Investors Feel Burned [WSJ]

Article courtesy of Dealbreaker

This is the list of IR Dimes. Read it and let us know what you think, but in doing so, try not to be so much, what’s the word? Like yourselves. In related news, the lady at left is Jen, who’d just received her MBA and is looking for a gig as an Investor Relations/Marketing/whatever employee at a hedge fund. If you have an opening for her, do be in touch.

Article courtesy of Dealbreaker

[via BI]
Meanwhile, Erin Burnett catches up on Minesweeper.

Earlier: Who Wants to Become A Rebellion Research Investor?

Article courtesy of Dealbreaker

Not an amazing get out of jail free card but I’d say definitely a pretty decent one, which was that Antoinette Hodgson had a dream. A dream to franchise a Dunkin Donuts. (As for the gambling spree, that very well could’ve been part of her investment strategy, you have no idea.)

Hodgson, 58, of Montclair, N.J., “spent hundreds of thousands of dollars at casinos in Atlantic City and Las Vegas,” according to a complaint charging her with conspiracy and wire fraud. “Antoinette Hodgson allegedly has already proved she’s a lousy gambler by losing the investor’s money in the casinos,” said George Venizelos, acting head of the FBI’s New York office. “She has now gambled with her future and faces serious charges for a plot of her own making.” In addition to blowing some of her illegal proceeds at the gaming tables, Hodgson allegedly spent $700,000 on a Dunkin’ Donuts franchise in Arizona and gave away tens of thousands of dollars to her family and friends.

NJ Woman Gambled Away Ponzi Scheme Proceeds [NYP via Daily Intel]

Article courtesy of Dealbreaker

Jes Staley, head of JPMorgan’s investment bank and possible successor to Jamie Dimon, at the Bloomberg Markets Global Hedge Fund and Investor Summit in New York yesterday.

Article courtesy of Dealbreaker

Healthline Networks, a company that offers health search technology on its own website and on partner sites like Yahoo Health, has raised $14 million in a third round of funding.

The San Francisco company brings a semantic approach to health search, meaning that it has a deeper understanding of a user’s search than a normal engine. It says it has created a “taxonomy” of different medical terms, so it can deliver uniquely useful search results for people researching their own health and sickness. Healthline was founded in 1999 and launched in 2005. It says that it now reaches more than 100 million users every month through its site and its more than 40 publishing partners, including ABCNews.com, Aetna, AOL, Elsevier, GE, Health.com, Ingenix, iVillage, Medhelp, United Health Group, U.S. News and World Report, and Yahoo.

The company also says that it reached profitability last year. It is raising the new funding to expand research and development, engineering, and advertising, it said. The round was led by Investor Growth Capital, the venture arm of Investor AB, with participation from GE/NBC Universal’s Peacock Equity Fund.

Healthline has now raised $72 million in funding.

Companies: Healthline Networks

Article courtesy of VentureBeat » Deals & More

$$$ Chris Dodd Asks Department Of Justice To Probe Lehman Repo 105 And “Other” Accounting [ZH]

$$$ AIG CDOs Sold to Federal Reserve Placed on Review for Downgrade by Moody’s [Bloomberg]

$$$ Goldman Sachs Sued for Not Divulging Madoff Ban to Investor [Law.com]

$$$ Fallen trader has run out of options [Sydney Morning Herald]

Article courtesy of Dealbreaker