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BlackRock Energy-Fund Manager Rice to Leave Money Manager
BlackRock Inc.'s Daniel Rice, who helped manage five energy and natural resource mutual funds for the world's largest asset manager, is retiring from the firm to avoid the appearance of a conflict of interest.
BlackRock energy fund manager leaves firm  Reuters
A Fund Manager's Home Cooking
A subsidiary of Mr. Rice's family company, Rice Drilling B, is a partner in a joint venture to develop natural-gas wells with Alpha Natural Resources, a publicly traded coal and natural-gas company based in Bristol, Va., according to Alpha's filings ...
Manager steps down amid controversy  Boston Globe
Can 'Skin in the Game' Pose Conflicts?
With his co-manager, Denis J. Walsh III, Mr. Rice oversees $4.5 billion in energy investments at BlackRock. BLK 0.70 ... Rice Drilling B is a partner in a joint venture to develop natural-gas wells with Alpha Natural Resources (stock-market value: $2.3 ...
King Coal Has Lost Crown To Natural Gas, Despite Price Decline Forecast
A number of factors are driving the coal-to-natural gas switch, such as huge supply of gas, U.S. Environmental Protection Agency air rules and a variety of other factors that don't change quickly, said Sean Moran, co-chair of the energy practice at ...
The Most-Yelled-At Man in the NBA
The twist is that Chalmers was once an alpha dog himself. At Kansas, he authored one of the most iconic moments in the school's proud basketball history.
The 12 Companies with the Highest-Paid Boards of Directors
Often, the media discusses the issue of high CEO pay, but what about high pay for members of the board? More than a dozen public company boards had directors whose compensation averaged more than $500,000 in 2011. That is greater than the ...
To Stop Grade Inflation, Just Stop Inflating Grades
In my field (English), students need to show that they can write papers according to the strict parameters I set (see http://textontrial.
Crop Insurance Set to Expand Despite Growing Fraud Worries
But CNBC Investigations Inc. has found that none of the proposals to expand the program would add new measures to combat fraud, even though government auditors have repeatedly warned—even before the proposed expansion—that the Department of ...
Riskier Bets Pitched to Asia's Rising Rich
In Japan, brokers are dangling what they claim is a tasty product in front of wealthy investors: a "triple-decker" that uses options to squeeze higher returns from stocks, "junk" bonds or other assets.
A Haven for Aged Super Heroes
A Haven for Aged Super Heroes. Metropolis Collectibles Inc., a 14-person firm, buys and sells vintage comics. It recently sold an Action Comics #1 from 1938 (which debuted Superman) for $2.2 million.