Federated Investors (FII) CEO Christopher Donahue, whose family-controlled firm has 75% of its assets in money market funds, is the most outspoken opponent of an effort to impose new regulations on the $2.6T industry. He refers to the funds as “the eighth wonder of the world,” and calls one of the proposals “totally brain dead,” reports Bloomberg.
Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's …