30 Nov 2011

When Treasury Secretary Henry Paulson Raised the Information Ante

On July 28, 2008, then-Treasury Secretary Henry Paulson held a curious meeting in New York with about a dozen hedge fund managers.  At the time of the meeting, Bear Stearns had already been forced into a fire sale to JP Morgan Chase for $4 a share four months earlier, and

Chuck Epstein 0
30 Nov 2011

Why Fee Disclosures Will Be Traumatic for Many 401(k) Plans

April 2012 will be a traumatic time for many 401(k) plans. That’s when 401(k) plans will be forced to disclose the fees they pay to their plan administrators.  For many plans, this will not be easy.  Like a low tide, it will show which plans are well managed and which have

Chuck Epstein 0
24 Nov 2011

Top Regulators Examining LIBOR Rate Fixing

Large banks which set one of the institutional investing world’s most important interest rate-setting benchmarks–LIBOR–are being accused of price fixing by some of the largest regulators in the world. In a series of lawsuits filed in 2011, plaintiffs charge that dating back to the start of the current financial crisis

Chuck Epstein 0
21 Nov 2011

Volatility Takes Its Toll on Long-Term Investing

Average Annual Total Returns (as of 10-31-2011) YTD Returns at NAV     1 Year 3 Years 5 Years 10 Years 15 Years     Standard & Poor’s 500 Composite Index N/A 8.07% 11.41% 0.25% 3.69% 5.77%     DJIA N/A 10.34% 11.80% 2.53% 5.39% 7.04%     NASDAQ N/A 7.06%

Chuck Epstein 0
19 Nov 2011

Beware of Misleading Retirement Calculators in 401(k) Plans

By Neil Plein From: Invest N’Retire, July 22, 2011 For the complete article, visit Invest n’Retire Having a retirement calculator should be a good thing. It helps to perform computations and projections that would otherwise be out of reach to the common 401k participant. The intent of calculators are primarily

Chuck Epstein 0
18 Nov 2011

Now It’s Europe’s “Lost Decade”

From about 1991 to 2001, Japan suffered what is called its “Lost Decade,” as a result of steep declines in housing prices and the stock market. During this period, commercial real estate prices fell by about 87%, accompanied by economic stagnation and deflation.  This period saw the stock market decline

Chuck Epstein 1
17 Nov 2011

An Individual Investor’s Revenge on Wall Street

Millions of American investors lost many billions of dollars or more as a result of the 2008 mass housing and financial frauds. But very few people have taken the time to investigate why they lost money and what the U.S. financial services industry did to help create the crisis in the first

Chuck Epstein 0
17 Nov 2011

Financial Fraud Prosecutions Hit 20-Year Low: Study

Federal prosecutions fof certain financial crimes has reached a 20-year low, according to a new report from the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. 

Chuck Epstein 0
17 Nov 2011

Age 80 is the New Retirement Age, Survey Says

The nation’s average retirement age is rising from 65 to 80, according to Wells Fargo & Co.

Chuck Epstein 0
16 Nov 2011

The New World Economic Order Goes Mainstream

It looks like the New World Economic Order has gone mainstream. That seems to be the case when Merrill Lynch Wealth Management offers its opinion about the re-alignment of the global economy, the idea of buy-and- hold investing, the role of commodities in a portfolio, risk management and the declining

Chuck Epstein 0