Articles
Financial firms “must be vigilant in accurately describing the risks of the products they sell….” — Robert Khuzami, SEC Enforcement Chief
In January, 2011, three years after its supposedly safe YieldPlus bond fund plunged in value, Charles Schwab Corp. agreed to pay $119 million to settle a government lawsuit accusing it ... Read More
No Comments
You probably thought they had all gone to jail, at least away. Sure, the regulators shut down infamous broker-dealers, but the truth of the matter is that these high pressure securities scammers are always one step ahead of the undermanned Feds.
The cold call cowboys who pressure prospects on the phone ... Read More
No Comments
Green investing has become a phenomenon in the financial industry and is expected to be one of the fastest sectors to rebound once the current economic turmoil has run its course. A recent study found that more than 50% of the world’s wealthiest investors — that is those with greater ... Read More
No Comments
The Securities Investor Protection Corporation (SIPC) was created in 1970 as a non-profit, non-government, Membership Corporation, funded by member broker/dealers. Its primary role is to return funds and securities to customers if the broker/dealer holding these assets becomes insolvent.
Who Belongs To The SIPC?
SIPC coverage applies to current (and in ... Read More
No Comments
By Phil Robertson
When a friend won Florida's "Fantasy Five" lottery game a few years ago, he faced a quandary: what to do with $215,000. He had a good job, had a mortgage that was down to $50,000, had little credit debt, and drove a leased BMW. So, what was quandary? ... Read More
No Comments
By Frederick M. Lehrer
Over the past twenty-five years hedge fund assets have grown from hundreds of millions of dollars to hundreds of billions. Now at over a trillion dollars, hedge fund assets are predicted to increase to $6 trillion by 2015. Despite this exploding growth, hedge funds have remained largely ... Read More
No Comments
The host of Fox Business Network’s “Follow The Money” talks with Managing Editor Leslie Stone about his former life in pro sports, the excitement of the trading floor and how he broke into financial journalism.
Eric Bolling’s TV career began quite by accident. “Oil had started climbing to $50 a barrel for ... Read More
1 Comments
What type of broker are you looking for? Full service or discount. Which one should you use? In the old days a person would often locate a stock broker through a friend. The friend would claim his broker was a genius. More often than not, the friend would eventually lose ... Read More
No Comments
The SEC provides the following advice on selecting newsletters for investment purposes:
Find out whether the newsletter received payment to “tout” or recommend the stock and, if so, what it received and from whom.
Because the U.S. Constitution’s First Amendment protects freedom of speech, the SEC cannot simply prohibit newsletters from recommending ... Read More
No Comments
By Rick Stephan-President, Quanta Corporation
A business that fails is always a company out of money. And though there are any number of factors contributing to an empty bank account, inadequate capitalization tops the list.
Countless studies have proved that, as Edward Roberts reported in Technology Review, "the larger the amount of ... Read More
No Comments
WHY THE INTERNET?
The Internet allows individuals or companies to communicate with a large audience without spending a lot of time, effort or money.
Anyone can reach hundreds of thousands of people by building an Internet web site, posting a message on an online bulletin board, entering a discussion in a live ... Read More
No Comments
By Alan Jones
Psst! Want to earn a 41 % annual return over a decade? Then read on.
Originally, "hedge fund" was used to describe a fund that simultaneously buys and sells related securities, constructing a portfolio with desired risk-return characteristics or profiting from subtle differences in returns. Today, the term may ... Read More
No Comments
By Richard S. Wheeler, Esq.
Caveat emptor ("let the buyer beware") is a maxim familiar to most investors and entrepreneurs. Less familiar is caveat venditor ("let the seller beware"). In the sale and purchase of a business, they are but two sides of the same coin. There are numerous traps which ... Read More
No Comments
By James S. Cassel and Avi Kent
The rapid growth of the PIPE market (Private Investment in Public Equity) during the past decade has significantly changed the capital markets landscape for small and medium-sized publicly traded companies. In fact, PIPE activity in 2007 may result in a record year both in ... Read More
No Comments
1992: $3.75/share 2011: $57.88/share
Whole Foods Market, Inc. In 1978, 25-year-old college dropout John Mackey and his 21-year-old girlfriend Rene Lawson, borrowed $45,000 from family and friends to open a small natural foods store called SaferWay in Austin, Texas (the name being a spoof of Safeway). When the couple was evicted ... Read More
No Comments
--The Washington Post's Mensa Invitational once again invited readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and supply a new definition. --
Here are the winners:
1. Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an ... Read More
No Comments
By Charlie Reese--
Politicians are the only people in the world who create problems and then campaign against them.
Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?
Have you ever wondered, if all the politicians are against inflation and high taxes, WHY ... Read More
No Comments
1991: $1.37/share 2011: $26.76/share
Paul Allen and Bill Gates, childhood friends with a passion in computer programming, were seeking to make a successful business utilizing their shared skills. The January 1975 issue of Popular Electronics featured Micro Instrumentation and Telemetry Systems’ (MITS) Altair 8800 microcomputer. Allen noticed that they could program a ... Read More
No Comments
Sometimes a scam is called by other names such as fraud, rip-off, theft, cheating, embezzlement, swindle, con: or even the softer phrase, chicanery; but a rose by any other name ... When the term Scam is applied, it adds a new dimension to the crime. Scams often involve intrigue, mystery, ... Read More
No Comments
Top Stories – Google News- Afghans protest for a 2nd day after Quran burning - CNN
- Lots at stake in first GOP debate in nearly a month - CNN
- At inquest, Ala. university shooting suspect's parents say son's 1986 death an ... - Washington Post
- Kevin Rudd Resigns as Australia's Foreign Minister - New York Times
- Syria: US says it will 'consider other measures' to end bloodshed - Telegraph.co.uk
