Archive for May 15th, 2010

What’s an investor to do? In the past three weeks, Greece melted down, a terrorist attacked Times Square, the Dow dropped 600 points in seven minutes and then spiked back up, BP befouled the Gulf of Mexico, and a volcano wrecked the airline industry’s profit plans. If you’re sensible you, um, buy stocks.
This isn’t a [...]

Now we know exactly what Republicans have in mind for consumer protection: No new protection, period. The proposal they introduced in the Senate yesterday amounts to a wipeout. Nothing would happen at all to stop future predatory loans.
The Administration want an independent Consumer Financial Protection Agency with its own budget and authority to act. The [...]

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“The Big Short." You'll find no better book for explaining how toxic mortgage investments brought down the economy. Lewis is a great storyteller. You watch the disaster unwind through the eyes of four unforgettable investors who saw that these loans had to fail and invested accordingly.
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Jane Bryant Quinn is a nationally known commentator on personal finance, with books and columns read and trusted by millions.
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