A study says that one out of every five citizens over the age of 65 had been victimized by a financial scam. The swindles are carried out by family members, caregivers and strangers, with theft by family members ranking as the most frequent.
Writing for TheStreet, award-winning author Susan Antilla notes some Republicans, including Texas Rep. Jeb Hensarling, are intent on destroying one government bureau most seem to agree is working.
The self-regulatory group belatedly files a complaint against a broker who's already sitting in prison.
Knight Trading was just the most recent incarnation of an old problem plaguing the stock market.
Regulation isn't working. A behavioral economist has found another solution.
Nothing of substance about JPMorgan's losses, unfortunately.
The bank loses $2 billion-plus through poor risk management, and there are still no answers.
When a Wall Street woman's career blows up, it stirs up all the old stereotypes. The reported tearful exit of Ina Drew at JPMorgan didn't help, either.
The CEO finally loses his credibility with a $2 billion inexplicable loss.