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Byline: BRETT ARENDS Five words are guaranteed to send a chill through the Hub's financial community today. Jim Grant is watching you. The legendary Wall Street guru has become embroiled […]

Byline: BRETT ARENDS The bidding is heating up for Hub mutual fund giant MFS. Pittsburgh-based Mellon Bank is reportedly competing against Charlotte, N.C.-based Wachovia for MFS, the nation's oldest mutual […]

Byline: BRETT ARENDS There are fears that hundreds of jobs are at risk at Hub mutual fund company MFS after it was put on the block yesterday. "I would say […]

Byline: BRETT ARENDS Would that your bad year turns out as well as Ned Johnson's. Last year Fidelity Investments suffered a humiliating and unprecedented scandal at its trading desk, turmoil […]

Byline: BRETT ARENDS Gov. Mitt Romney's former top economic adviser has joined the chorus attacking the retroactive 2002 tax hike - after it slapped one of his trust funds with […]

Byline: BRETT ARENDS Fidelity Investments yesterday pointedly declined to back Abigail Johnson for the company's succession, following news that chairman Ned Johnson's daughter had transferred some of her stock to […]

Byline: Brett Arends Evergreen Investments faces punishment by regulators for the way it rewarded financial advisers who sold its products, the Boston funds giant said yesterday. Investigators for the National […]

Byline: BRETT ARENDS Fidelity Investments has taken a bold stand against corporate greed at Clear Channel Communications Inc., the world's largest radio broadcaster, new filings show. Fidelity, the biggest shareholders […]

Byline: BRETT ARENDS Danny Black flew home to Lansing, Mich., last night after testifying before a grand jury over the infamous 2003 bachelor party of former Fidelity Investments trader Tom […]

Byline: BRETT ARENDS Eric Wetlaufer, like his ex-wife Suzy, knows how to bounce back from adversity. Two years ago, Wetlaufer quit Putnam Investments after a dismal five-year record running the […]

Byline: Brett Arends Fidelity Investments was hit yesterday as two more fund managers walked out to join a hedge fund. David Baverez and Krishnan Sadasivam ran more than $2.2 billion […]

Byline: BRETT ARENDS Fidelity Investments yesterday removed the powerful and high-profile head of its scandal-hit trading desk. Scott DeSano, 44, has been shunted into "Strategic New Business Development" in a […]

Byline: Brett Arends Ned Johnson found himself on the wrong end of a parting political shot yesterday. Hours before his enforced "retirement," Securities and Exchange Commission Chairman William Donaldson hustled […]

Byline: BRETT ARENDS If Ned and Abby Johnson are managing their fortune effectively, they probably earn more than $100,000 every hour - morning, noon and night. Yet the father and […]

Byline: BRETT ARENDS Fidelity Investments made sweeping changes yesterday to the management of a half-dozen mutual funds. But observers were most surprised by the management that didn't change: the Fidelity […]

Byline: Brett Arends Former Fidelity Investments fund manager Karen Firestone is setting up her own investment management shop, sources have told the Herald. And she's being joined by one of […]

Byline: BRETT ARENDS Call it a tale of sex, drugs and Fidelity. Speculation is intensifying over the events at the bachelor party arranged for former Fidelity Investments trader Tom Bruderman. […]

Byline: BRETT ARENDS Ned Johnson is publicly defending his daughter Abby's record running Fidelity's investment arm, known as FMR Co. "Abby has served well as president of the investment-management division," […]

Byline: BRETT ARENDS There were sweeping changes last night at the top of Boston's secretive family-controlled funds empire Fidelity Investments. Chairman and controlling shareholder Ned Johnson moved Abigail, his daughter […]

Byline: Brett Arends Bad news for Ned Johnson. New data confirmed yesterday that Fidelity Investments has at last been overtaken in the rankings of mutual fund firms by California-based rival […]

Byline: BRETT ARENDS Ned Johnson's Fidelity Investments yesterday won a $700 million reprieve from State Treasurer Tim Cahill. The treasurer declared himself satisfied that the scandal on Fidelity's trading desk […]

Byline: BRETT ARENDS Not everything has been sunshine and peaches down on Devonshire Street recently. Straight-laced and upright Fidelity Investments has been embarrassed by a scandal in its trading arm […]