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Jul 14, 20141 min read
The Fed is Worried About Junk Bonds
In her semi-annual testimony on Capitol Hill that started on Tuesday morning, Fed Chair Janet Yellen made it clear that the Fed is...
Jul 7, 20141 min read
FINRA Concerned about Variable Annuity Sales
The Financial Industry Regulatory Authority will continue to be “very focused” on variable annuities, according to chief risk officer...
Jun 30, 20142 min read
Morgan Stanley Fined $5 Million for IPO Sales
As my radio show listeners know, I don’t recommend buying into IPOs. If an IPO really is a great opportunity, investors are better to...
Dec 12, 20131 min read
Another SEC Fine for Another Wall Street Firm
From the Securities and Exchange Commission (emphasis added): SEC Charges Merrill Lynch With Misleading Investors in CDOs Washington...
Nov 6, 20131 min read
US Takes $9.7 Billion Loss on GM Bailout So Far
In 2009, the US government threw GM a $49.5 billion lifeline in exchange for a 60.8% stake in the company, and $2.1 billion in preferred...
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