SKARBECK: Big banks still face issues over soured mortgages
The U.S. banking system continues on its path toward healing—with many thanks to the ongoing generosity of U.S. taxpayers.
The U.S. banking system continues on its path toward healing—with many thanks to the ongoing generosity of U.S. taxpayers.
Obviously, I am not the only human to have an interest in gold, as it has been the obsession of entire cultures during certain historical periods.
One sure bet this year is that Americans can expect to see a number of high-profile battles across the country between municipal or state governments and public-employee unions.
There is an interesting twist to all these newly discovered pots of Internet gold. They are not public, but almost anyone can buy stock in these companies in the private market if you hunt around enough.
Most people find it incomprehensible that there are hundreds of con men around the country who wake up every morning with the objective of looting people who have placed their trust in them.
The debate over whether we even need a central bank—which is what the Fed is today—began shortly after the founding of our country.
Many investment firms, hedge funds and mutual funds participate in this less-than-desirable industry practice.
American stock market history goes back far enough to give us a lot of data and reference points we can use to help us understand the future.
This unusual taxpayer-owned IPO did create some interesting conflicts.
U.S. Federal Reserve Chairman Ben Bernanke wants the entire world to believe that the United States is in a deflationary economic cycle and, therefore, the drastic, insane steps he is taking are justified.
Benchmarking has exploded with the industry’s propensity to slice and dice and categorize every segment of the overall investment pie.
The U.S. Securities and Exchange Commission is proposing significant changes to the structure of the annual marketing or distribution fee on mutual funds known as a 12(b)-1 fee.
Sometimes the inner workings of Wall Street confound the wily and the wise.
True professional short sellers are typically intelligent, above-board investors who often alert the markets and investors to overvalued securities and, in some cases, to fraud.
This year, 15 states have enacted legislation to reduce future public pension obligations.
I went back to ancient Greece and Rome and found long-running philosophical discussions about The Virtues.
I continue to believe the April 23 high was not the end of the bull market that began in March 2009.
There is clearly something important about the totality
of what is learned in college, but, if you want to apply all those upper-level classes in your major, you’d better study
hard or pick the right field.
It seems more likely that bond investors today are making the same mistake stock investors made back at the peak of the stock-market bubble.
The greatest investors I know all use time-tested principles and apply them rigorously in their activities.