Topic: Wall Street

For beginners the idea of investing their money seems overwhelming. Every bank has a variable interest return; you should choose the bank that has the highest investment return on your money. While using a savings account is a great way to save ...

So . . . what's at the core of our healthcare mess? The doctors and hospitals overcharging? Insurance companies stealing from everyone? Pharmaceutical companies paying-off Senators to allow the continuance of obscene pricing? Medical device manufacturers creating margins of a million percent? ...

Day after day, bankers have been paraded before Congressional committees regarding their role in the financial crisis which brought the financial system to the edge of the abyss on September 18, 2008. Lewis wrote the classic Wall Street book about the greed ...

Lately I've been watching all the ads on TV and other places in the mass media with GM CEO Ed Whitacre strutting across the scene and bragging about how proud he is that GM paid back its TARP loans ahead of time, ...

The healthcare legislation is important politically, since President Obama now looks suddenly like a " Given that over half of all household bankruptcies are due to healthcare costs, creating mandates to force people to turn over an even larger portion of their ...

Mortgage loans used to be made and serviced by the same lender. However, as Wall Street become more and more involved in the businesses, lenders now sell their loans to quickly cash out on the investment. Finding out if your mortgage was ...

Investor confidence is right back to where it was almost a year ago, when the markets were recovering from the worst bearish streak in recent memories.. Brokers and mutual funds will charge you a fractional amount based on the size of your ...

I was a guest on NPR's Planet Money on Friday's episode, Attack of the Special Interests, where I help explain some of the issues related to the Consumer Financial Protection Agency (CFPA), resolution authority, and derivatives reform coming out Monday, and how ...

Credit card lenders often sell their consumer debts in packages to Wall Street investors. According to a 2008 USA Today article, "Why banks are boosting credit card interest rates and fees," there is no direct link between increased interest rates and a ...

I n the aftermath of the housing crash of 2008, many analysts identified the cause as government policies aimed at expanding home ownership in the United States, particularly among U.S. communities that in previous generations had been locked out of the American ...