latest news on Diversified Investments

[Reuters] - A federal judge on Friday dismissed part of a criminal case accusing a former Goldman Sachs Group Inc computer programer of stealing proprietary computer code from the bank's lucrative high-frequency trading platform.

[at Financial Times] - Baseball legend and inadvertent philosopher "Yogi" Berra quipped that "it's tough to make predictions, especially about the future".

[GlobeNewswire] - ADVISORY --

[Reuters] - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.

[at MarketWatch] - The black box of Wall Street proprietary trading is still in the dark, despite rumblings that big banks are planning to shutter units or keep them at arm's-length, writes David Weidner.

[GlobeNewswire] - ADVISORY --

[at MarketWatch] - Goldman Sachs & Co. has decided to shutter its principal strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress, according to a person familiar with the matter.

[AP] - Nationwide Insurance announced Friday it will end its title sponsorship of the PGA Tour's developmental circuit when the contract expires in two years.

[CNBC] - It's not just the Volcker Rule.