Talk about career goals!
Love doesn't live here anymore....
by Alexander Cain A Random Walk Down Wall Street, written by former Wall Street executive and avid stock trader Burton G. Malkiel, shares Wall Street insider secrets about the world of stock and finance. While Wall Street has often been looked upon as stable and orderly, in reality, the finance world at times can be […]
(Bloomberg) — Wall Street investment firms’ pursuit of short-term gains interferes with the educational goals of the for-profit colleges they invest in, said U.S. Senator Tom Harkin, chairman of the education committee. Goldman Sachs Group Inc., which owns 39 percent of Education Management Corp., is among Wall Street firms that “have no interest in the […]
By Brittany Hutson It looks like Wall Street’s up to their dirty tricks again. This time, they are devising new ways to prey on distressed homeowners. According to the Center for Public Integrity, financial institutions, including those who received federal bailout money, are bundling small tax debts into private investments, leaving homeowners in debt and, […]
Few firms have taken the opportunity to court diverse clients.
(AJC) — Like a lot of Americans, Grady Houston of Carrollton pulled back from the stock market and went to bonds and CDs when the economy tanked and losses grew in his portfolio. Diana Thorne, of Roswell, switched to almost all cash. But the mild thaw in the economy’s deep freeze — along with low interest […]
(Daily Finance) — Riddle me this Obama haters: If the president is at fault for the economy’s problems, shouldn’t he get credit for the things are going right? Apparently not. More than 62% of U.S. investors polled by Bloomberg News had a negative view of President Obama. Surprisingly, 63% of respondents say his policies are […]
(Baltimore Sun) — Now that the political pundits have had their say on the impact of the election, it’s time to consider what it means for investors and pocketbooks. The midterm election results and Republican takeover of the U.S. House improve the chances that the wealthy will be included in any extension of the Bush-era tax […]
Deutsche Bank's director in Global Markets Operations, Jerry McMillan is making a difference through mentorship. His protégé and nephew, Lamont McMillan follows his footsteps.
(Washington Business Journal) — Stock in Washington area publicly-traded companies followed the overall market sharply lower in Wednesday trading on new concerns about a slowing economy, both in the United States and abroad. The Bloomberg D.C. Area Stock Index, which tracks locally-traded stocks, ended the day down 2.9 percent. The S&P 500 Index retreated 2.8 percent. […]
President Obama passes historic financial reform legislation.