Articles

Bonuses at Wall Street firms have increased 17% during 2009, with an average bonus of over $123,000 per worker. This is despite the industry starting into the abyss in 2008 and recovering from taxpayer funded bailouts.

Citibank reported earnings today that beat pretty low expectations. The most interesting thing about the story from my perspective was that it did so by paying less for deposits.

Think most stock pros know what they are doing in these times of uncertainty - NOT. Read on.

The government finally stepped in and seized Fannie Mae and Freddie Mac, putting it out of its housing bubble induced misery. Everyone stands to benefit except for the US taxpayer, who is now on the hook for billions.

How will the seizure of Fannie and Freddie impact you in your day-to-day lives? Read on.

Fed Chairman Ben Bernanke, in a speech to the American Economic Association said that the low rate policy of the Fed in 2001-2004 played only a small role in the housing bubble. What were the culprits? Lax regulation, lax underwriting, and global capital flows.

Here is the first part of a series regarding fees, loads, expenses, etc. In this first part we have just covered funds, but later we will cover other areas where fees are charged.

Sleepy's, a private company selling low end mattresses based in Long Island, NY, is a nightmare for customers, employees and everyone around it. Whereas BP commits to making things right, Sleepy's is the worst corporate citizen around. How can a company like this - even if private - be permitted to exist in 2010?

Have you ever even stopped to think about why dimes and quarters (and fifty and one dollar coins) have ridges all around their edge? And, for that matter, why pennies and nickels do not?

I have been investing for years. A few things you learn from such experience are that the market rarely goes up this fast and this long, that it is time to run when everyone starts talking about happy times continuing -- all those "experts," and that it behoves you to ignore all those who say it is time to throw caution to the wind and get in now inspite of what appears to be an inflated market. This is an interesting time. All of the above is happening. Interest rates are historically high. And, it is only a matter of time, before the market suffers a big fall. I would get out now and enjoy the higher interest rates.

CNBC sent Bill Griffeth for a facelift over the weekend, then put him on Power Lunch with Michelle Caruso-Cabrera, Melissa Francis and Dennis Kneale. Why?

Warren Buffett has been selling stocks this year, and he's doing it at a rate we haven't seen for a long time.