Attention ‘Bonehead Brokers’: Margin Trades Can Burn You
Record-high margin lending, profitable today, will inevitably land advisors in arbitration, says lawyer Stoltmann, warning, "Stupidity on the part of the broker isn’t a defense."
Fed’s Fisher Tempers ‘Taper Tantrum’ Talk
The Dallas Fed president employed his usual folksy metaphors to describe investor behavior, comparing them to wild pigs.
Robert Reich: Dallas Fed Says Break Up Big Banks
If the big U.S. banks aren’t broken up, taxpayers will have to pay for another Wall Street bailout—and that’s the prediction of the Dallas Fed, says Robert Reich in a blog post.
Ben Bernanke just can't get a break. From day one he was saddled with the burden of filling his predecessor's shoes. No mean feat when...