College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
Citi Reports Record Revenue Led by International Transactions
By Pallavi GogoiThe bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.
March 31, 2012
Pick TwoIn 2007, John C. Bogle, founder of the Vanguard Group, gave a commencement speech entitled Enough to the MBA Graduates of Georgetown Universitys McDonough School of Business. In it, he related an anecdote from Kurt Vonnegut. Vonnegut and Catch-22 author Joseph Heller were at a party hosted by a billionaire...
March 27, 2012
OECD Calls for Realistic Debt Targets, Higher Firewall in EUContinuing weakness in banks, rising debt levels and questionable ability to meet fiscal targets combine to create an atmosphere in need of fiscal reform.
March 26, 2012
European StagnationWhen the financial system faces a major bankruptcy, one that is large enough to threaten its health, it often makes sense to buy time. Regulators, central bankers, multilateral lenders and governments.
March 26, 2012
Reconsidering Reverse MortgagesTimes were tough for Dorothy Ariail back in 1977 when she became a young widow with three children.
March 26, 2012
Spain Could Relaunch Debt Crisis: MontiWhile Prime Minister Mario Monti of Italy had praise for Spains efforts to relax its work regulations, he criticized its budget-cutting efforts, saying it hasnt paid enough attention to its public accounts.
March 23, 2012
AIG Adds $1.5B to Government PaybackAmerican International Group Inc.s (AIG) remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
March 22, 2012
U.S. Bank Lending Below Depression-Era Levels: S&PU.S. bank loans are at such lows that the economic recovery has been nearly loan-free, S&P's head of financial institutions ratings said Wednesday in New York.