A year ago today, a group of people angry about economic inequality, corporate greed and financial injustice staged a protest in Lower Manhattan’s Zuccotti Park, pledging to “Occupy Wall Street.” There was no overarching agenda …
Wall Street
Are Dividend Stocks the Next Bubble?
Dividend stocks are leading the market and some pundits believe the rally is a bubble about to end badly. But they may be underestimating the flood of income-starved retiree money heading this direction in a record low-yield environment.
The New Normal: From Families to Nobel Winners, It’s All About Less
The wealth of American families has fallen to levels last seen in the early 1990s. Yet a shrinking payout for Nobel Prize winners suggests that even our brightest minds must adjust to the new normal.
Apparently, Even Wall Street Thinks Little Of Wall Street
Goldman Sachs is getting most of the negative headlines. But Wall Street firms across the board say their industry invites scorn. Can they ever change?
Solutions to 9 Puzzling Financial Frustrations
What Will Replace the 401(k)?
The venerable 401(k) has been under fire since the recession. Here’s what could replace it.
The Goldman Rule: How to Vet Your Financial Adviser
A blazing resignation at Goldman Sachs shows us once again that financial advisers too often put their own interests first. Here’s how to make sure you get good advice.
8 Celebrity-Endorsed Financial Products We Wouldn’t Buy
Athletes, actors and other famous folks lend their recognizable faces to promote all sorts of products, from breakfast cereal to basketball sneakers to prepaid debit cards (see Suze Orman). But a celebrity endorsement is, of …
A Lonely Voice Defending Private Equity
Over the last few weeks, the private equity industry has taken a verbal beating. Rivals of Republican frontrunner Mitt Romney have attacked his tenure leading Bain Capital, one of the industry’s most successful firms, portraying …
Why the Smart Money was So Dumb in 2011
If your 401(k) was down in 2011, don’t hang your head. You have plenty of company. Many of Wall Street‘s most successful investors were losers in 2011 as well.
According to Hedgefund Intelligence Database, 60% of all hedge funds …
Former Obama Official Defends Romney’s Bain Capital Record
Steve Rattner spent three decades on Wall Street and co-founded the Quadrangle Group, a well-known private equity firm, so it’s not surprising that he might want to defend the honor of the industry that made him rich — …
Campaign Casualty: Private Equity Fights Back
Maligned by political charges related to Romney’s time at Bain Capital, the private equity industry is trying to get out of it’s own way on the PR front–and keep those profits rolling in.
