College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
Roadmap for the Coming Greek Default
By Gil WeinreichAn acclaimed fund manager says the history of sovereign defaults in Argentina, Uruguay, Russia and other countries provides a clear outline of the financial crisis that appears about to unfold, and the associated choices involved.
September 14, 2011
Domino receives leadership awardAnthony J. Domino Jr., CLU, ChFC, MSFS, is the 2011 recipient of the Kenneth Black Jr. Leadership Award from the Society of Financial Service Professionals.
September 14, 2011
Greece Urged to Walk Away From DebtMario Blejer, who managed Argentinas central bank after the country defaulted on its sovereign debt, said Tuesday that Greece should also walk away from its bills.He said it was the only way for Greece to stop its economy from deteriorating further.
September 13, 2011
Domino receives leadership awardAnthony J. Domino Jr., CLU, ChFC, MSFS, is the 2011 recipient of the Kenneth Black Jr. Leadership Award from the Society of Financial Service Professionals.
September 08, 2011
China, Japan Facing Downgrade of Debt Rating: FitchChina and Japan may see their credit ratings lowered within the next two years, Fitch Ratings said Thursday, thanks to the debt carried by its banks as the result of efforts to overcome the 2008 financial crisis.
September 06, 2011
CFPB Asks About Financial Products Offered to ServicemembersThe new Bureau of Consumer Financial Protection has published a notice seeking information about financial products and services aimed at members of the armed services.
September 02, 2011
PIMCO’s Gross: ‘Almost Suicidal’ to Focus on Debt Instead of GrowthGovernments should be focusing on creating growth rather than reducing debt, PIMCOs Bill Gross said Friday. To [focus on reducing debt] right now is almost suicidal, he said in an interview on Bloomberg Radio.
September 01, 2011
Deferred LiabilityAmerican national debt held steady, in the $2-3 trillion range, for three decades until the early 1980s. It began to rise rapidly at that point, dipping briefly when it reached the $7 trillion mark in the late 1990s and then taking off in earnest after 2000.