Facebook is getting ready for its IPO any day now. Some analysts predict that the eight-year-old company could be worth …
Ponzi Scheme
Financial Scams Target Boomers
Baby boomers are still looking out for their parents, even as they have fallen into the crosshairs of financial con artists themselves. It’s a bona fide boomer nightmare: they are becoming their mom or dad—at least as it …
The Truth Behind Rick Perry’s Lie About Social Security
Presidential hopeful Rick Perry says Social Security is a Ponzi scheme, but even he knows better. So why would he tell such a lie? Perry wants to ignite a discussion about real spending issues that most politicians won’t touch.
Social Security and Ponzi Schemes: Is Rick Perry Right?
Comparing Social Security to a Ponzi scheme is a bridge too far — unless the federal government fails to take action to curb entitlement spending.
Radio’s Financial ‘Experts’ With Advice You Shouldn’t Follow
You turn on the radio and hear the same host week after week offering financial advice, chatting and answering questions posed by guests, and everything seems legit and trustworthy. But this is no ordinary radio show. What many listeners don’t understand is that the host has paid the station for the time slot, and the show is an …