U.S. Places Fannie Mae and Freddie Mac Into Conservatorship
By James J. GreenOn Sunday, Sep. 7, Treasury Secretary Henry Paulson announced that the Treasury Department, in collaboration with the Federal Reserve and the new independent regulator, the Federal Housing Finance Agency (FHFA), had moved to place into conservatorship Fannie Mae and Freddie Mac, the troubled government-sponsored enterprises (GSEs) that have been under...
September 01, 2008
Vanguard Goes BroadLooking for broad global diversification? Check out the newly launched Vanguard Total World Stock Index ETF (VT). The fund measures the market performance of large- and...
September 01, 2008
Behind the Numbers"The majority of the time, the markets' best days are a few weeks or a month away from the good days," notes the Alpha Group's...
August 31, 2008
What is this thing called marketing?In the middle of a very fine publication called Senior Market Advisor is the word "market." Just what does that keyword imply? It is possible there might be more to be discovered in the word "market?" Have we lost our vision
August 29, 2008
Wealthiest Americans Turn to FAsMore than one-third, or 36 percent, of high-net-worth investors - defined as a net worth of between $5 million and $25 million, excluding primary residences - say that they are "advisor-assisted." Thi
August 27, 2008
Hank's unholy trinityThis monster just won't die. Fannie and Freddie will survive, and we missed a historic opportunity to rid ourselves of them once and for all....
August 22, 2008
Multicultural consumers lag in financial product ownershipA "substantial" number of multicultural employees don't have jobs with retirement plans, according to new research from Synovate. The research firm's 2008 U.S. Diversity Markets...
August 20, 2008
From ARS to GMWB: Too Much Risk? (Commentary)In light of the sub-prime implosion and the auction-rate securities mess, promises from the industry that it can properly calculate risk/liquidity exposure have to be seriously discounted. The industr