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Jan 7, 20131 min read
Who is Actually ‘Rich’?
The fiscal cliff debate, in particular the fight over tax hikes on the wealthy, brought up a sticky question: who is really rich anyway?...
Jan 2, 20131 min read
Not a Happy New Year at the Treasury Department
Now we can add this to the drama in Washington: In 2011, the US debt ceiling was raised from $14.3 trillion to $16.4 trillion. And as we...
Jan 2, 20131 min read
Record Bank Fines in 2012
Bad behavior can get pricey. Bank fines hit a record $10.7 billion this past year. The total was capped when UBS recently agreed to pay...
Dec 16, 20121 min read
The Fed Steps on the Gas Again
The Federal Reserve continued to pull all the stops at the FOMC meeting last week. The committee ventured further into uncharted...
Dec 16, 20121 min read
Brokers May Have to Disclose Bonuses
There are some things that brokers would rather not share with clients. Like how much they get paid to jump from one firm to another....
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