Anatomy Of A Recession
By Jack BoboThere is a pretty strong consensus today that our current economic woes were brought on by the bubble in housing. There is less agreement, though, on the exact cause of the bubble.
March 12, 2009
Boomers face falling net worth$94,200 -- Median net worth in 2009 of younger boomers, more than 45 percent less than in 2004. $159,800 -- Median net worth in...
March 12, 2009
Age bias up in worker layoffsAs unemployment rises, so do claims of discrimination. Age-based discrimination claims increased nearly 30 percent in the year ended Sep. 30, according to the Wall...
March 12, 2009
Expert: Thanks to Madoff, boomers done with equitiesThe Madoff debacle has "single handedly" ended boomers' desire to invest in equities. Miller Tabak & Co. analyst Dan Greenhaus, tells MarketWatch's Kate Gibson, the...
March 12, 2009
Beware the "neo-bams"Opportunity in crisis; a noble sentiment meant to restore confidence and a belief in American exceptionalism? Not so much. I highly recommend "The Future of...
March 12, 2009
Madoff jailed immediately, awaits sentenceAdmitting to operating the largest Ponzi scheme in history, 70-year-old Bernard Madoff was immediately jailed after entering a guilty plea to 11 criminal charges today....
March 12, 2009
Individual LTCI premium falls 23 percent in fourth quarter"Historically, individual products have emerged relatively unscathed from the effects of a recession," says Karen Fisherkeller, LIMRA associate analyst, Group and LTC Product Research. Now,...
March 12, 2009
SEC verifying client assetsThe SEC is giving a heads up to investment advisors, saying it is now contacting clients and other third parties to verify client assets managed...
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