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Bubbly on the Street?

Investment News

| May 07, 2001 | O'Brien, Sarah | COPYRIGHT 2001 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

* Speaking of corks, don't be surprised if Wall Street firms start stocking up on champagne.

While it's not quite time to celebrate, two actions in Washington last week could mean easy money for the Street.

First, a pension reform bill passed the House overwhelmingly by a vote of 407-24. It may face a tougher time in the Senate, but so far has generated significant bipartisan support. Among other provisions, the bill would raise contribution limits for 401 (k)s and individual ...

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Source: HighBeam Research, Bubbly on the Street?

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