There is no doubt that I supported Barack Obama for president. His message of change rang true with me, my antiestablishment tendencies, and that wannabe teenage punk-rock streak of social justice. But in the early steps of the administration I’m ...
Read More »Woolner: Madoff victims suspected a crime, just didn’t care
It turns out that some of the hedge fund and money managers who guided investors into the care of Bernard Madoff came to suspect that Madoff was breaking the law. How else to explain his returns? They pressed for answers, ...
Read More »What do millionaires know about the poor?
There is no doubt that I supported Barack Obama for president. His message of change rang true with me, my antiestablishment tendencies and that wannabe teenage punk-rock streak of social justice. But in the early steps of the administration, I’m ...
Read More »Madoff victims suspected a crime, just didn’t care
It turns out that some of the hedge fund and money managers who guided investors into the care of Bernard Madoff came to suspect that Madoff was breaking the law. How else to explain his returns? They pressed for answers, ...
Read More »Toxic assets offer buy-and-hold deal
you want to make some big money, buy a chunk of those toxic mortgage-backed assets dragging down banks. You might harvest a bundle. Money is there to be made because investors, spooked by the bursting of the housing bubble, are ...
Read More »Economic cures are like booze for an alcoholic
Someone returning to Earth from a yearlong sojourn in outer space could be excused for feeling disoriented. After all, when said space traveler departed our fair planet, the U.S. economy was buckling under the weight of the burst housing bubble. ...
Read More »Kill JPMorgan’s stock dividend, save America’s banks
Memo to JPMorgan Chase & Co.: Your dividend needs to go. For all the complaints that U.S. banks aren’t lending enough money, the bigger problem may be they’re giving too much away. Here we are amid the greatest banking crisis ...
Read More »Motley Fool founders suggest path to $1 million portfolio
David and Tom Gardner, co-founders of the Motley Fool, the investment and financial-advice Web site, have started the year with a new investment book, “The Motley Fool Million Dollar Portfolio.” With the 39 percent decline in the Standard & Poor’s ...
Read More »Obama indebted to Bush for setting bar so low
Barack Obama will enjoy a longer honeymoon because of George W. Bush. The new president’s transition to the White House has been eased by the preparatory work done by his predecessor. This may be the most successful transfer of power ...
Read More »Obama’s first civility test is taming Pelosi’s manners
President Barack Obama’s electoral success has much to do with his grasp of the American mood. Democratic and Republican Americans coexist peacefully every day and are unanimously disgusted by the increasingly negative tone of our politics. Obama revealed last January ...
Read More »Five ways to recoup your losses in the age of Obama
Even with all of the hoopla around Barack Obama’s inauguration last week, did you still get the gnawing feeling that the retirement cushion you had built up is now little more than a throw pillow? After so much wealth disappeared ...
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