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The crisis of 2007 has clearly created a new financial landscape out there and most of us are looking to thrive or at least survive in this new environment in the making. Some food for thought: Nine out of 10 people in finance don’t have your best interest at heart and even worse are clueless. […]
We are told that there are only 1.74 million homes left for sale in this country and at current sales rates we’ll run out of inventory in 4.2 months….You better buy now and not miss the boom in the making and before it’s too late… Hilarious to say the least. We must be running out […]
It is an oft-repeated axiom that a person can learn a whole lot about a society by how it treats its poor; but just as much may be learned by looking at how that same society treats its rich. Indeed, the economic future of the poor—and our nation—will be determined in the coming decades by […]
As the 2012 Presidential Election becomes a two-person race, improving the nation’s precarious fiscal situation must be the candidates’ top priority. There are several issues the candidates must address in order to return the U.S. to its former glory as an economic powerhouse. These include: the repeal of harmful legislation, an equitable tax system and […]
Bloomberg had a story, a couple of days ago, about BofA moving Merrill Lynch derivatives to its retail-banking subsidiary. The story was quite long and hard to follow: there were lots of detours into explanations of what a derivative is, or explorations of what the BAC stock price was doing that day. It seems that […]
