Archive for May 18th, 2010

I’ve praise the Senate financial reform bill here for imposing a fiduciary duty on stockbrokers. And I praised Maine Senator Susan Collins for wanting to extend that duty to brokers who sell to institutions such as pension funds and mutual funds.
Wow, did I ever speak too soon. Last week, Collins declared herself in favor of gutting [...]

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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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