Along the lines of the 11 Worst Cars To Own, here are the 10 Cars That Lose Value The Quickest according to Forbes.  Surprisingly enough, the two lists don’t seem to intersect all that much with the exception of the Suzuki Forenza and Mercury Grand Marquis.  While I am not a fan of buying new [...]

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According to a recent article on Yahoo Finance, an experimental elementary school on the south side of Chicago named Ariel Community Academy has a unique focus on teaching financial literacy.  The concept is simple.  Each first grade class is bequethed a $20,000 portfolio managed by the experts at Ariel until the students reach the 6th grade.  Along [...]

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According to Fortune,
“Lynch “obtained numerous free tickets to concerts, theater and sporting events paid for by outside brokers through his requests to two traders on Fidelity’s equity trading desk,” the SEC alleges. “
and
“‘The broker selection process on Fidelity’s equity trading desk was compromised when gifts and lavish entertainment swayed the flow of brokerage business,’ the [...]

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Consumer Reports releases its best cars to own list annually.  Since everybody already knows which brands tend to be most reliable (think Japan and Korea),  I thought it would be fun to see the worst cars.  The list is dominated by American-made, larger cars and SUV’s, which is no surprise.  But I WAS a little [...]

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<RANT> 
According to CNN Money, it seems as though our president is completely clueless when it comes to the effects of US Energy Policy.  When told many analysts forcast $4 gas in the near future, Bush responded, “That’s interesting.  I hadn’t heard that.”   Doesn’t exactly inspire confidence in the government, does it?  However, that unawareness didn’t [...]

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The FDIC is looking to bring back up to 25 retired veterans of the Savings and Loan crisis in preparation for a future increase in failed financial institutions.  According to Jaret Seiberg, Washington policy analyst for Standford group, “Regulators are bracing for well over 100 bank failures in the next 12 to 24 months”.  He [...]

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After nearly 12 years as CEO of the Vanguard Group, Jack Brennan is stepping down.  Vanguard experienced a period of intense growth during Brennan’s tenure, increasing assets under management over 6 times from $200 billion to $1.3 trillion.  Meanwhile, Vanguard’s fund line-up nearly dubbled and its average expense ratio decreased by 37.5% to a measely [...]

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