Personal Finance

ARTICLES & STORIES

02/04/2008
Those rare sports fans who think there aren't enough Mannings in commercials can take heart. Peyton's little brother Eli is likely about to be Madison Avenue's new go-to guy.

(full story)

03/21/2008
Congratulations. You just bought Bear Stearns. You, me and all taxpayers.

(full story)

03/03/2008
THE SHOW: Are we having fun yet? Me neither. My old pal Deep Blue keeps writing me about various stocks and such that might have upside, but then acknowledges it's hard to imagine much of anything working this year. Except cash, and you better hope that's real cash and not some sort of 'cash equivalent.' Still, there will be winners and losers. I'm sorry I know there will be fits and starts but I really don't see the non-dollar commodity run crashing on us. (See Buffett, Warren on the Brazilian real.) Gold is the new greenback kind of deal....Kudos to hedge fund manager Phil Goldstein who is suing the S.E.C. to lift its ban on advertising. It's just garbage that the hedgies can't do this, and garbage that they can't publically release their returns either. (We all find out, anyway.) All of this is just a holdover from when hedge funds were a tiny, exclusive slice of the financial services pie. Newsflash: they no longer are! Goldstein told the FT: "gun shops are allowed to advertise, the Massachusetts state lottery is allowed to have a website. We want to be treated like any other business." Now obviously there has to be a limit on hucksterism here, but mutual funds and broker dealers abide by those types of limits just fine. Bring on the hedgies I say!......Guess Jarrett Lillien didn't get the brass ring at Etrade. (Don Layton, formerly of JP Morgan Chase did.) How often do 'acting' heads ultimately get the job?.......Questions: Is Dell over? Is Google over? Is Facebook over before it started? See what some nasty economic weather can do to your brain!

(full story)

Important News

YOUR MONEY

07/02/2008
Overnight, some industries would become desperate for workers. The biggest beneficiaries would be low-skilled American workers. The big losers might surprise you. (full story)

07/02/2008
Forget Wall Street. The real power is in your hands to make these risk-free choices that could add thousands of dollars to your bottom line. (full story)

07/01/2008
Motorists who use cell phones can be ticketed in several more states starting July 1, but low fines and lax enforcement limit some laws' effectiveness. Teens may be the biggest offenders. (full story)