18 Aug 2017

Lending Industry Faces Huge LIBOR-Related Costs Due to its Own Corruption

The recent news that the worldwide LIBOR interest rate is going to be replaced after years of scandals about it being fixed by some of the world’s largest banks has started a slow-motion earthquake that is going to rattle interest rate lending worldwide. It also is going to be one

Chuck Epstein 0
09 Aug 2017

Coveted Country Club Residences Face An Uncertain Future

The once-coveted home in a county club was a dream for millions of Americans. But now, this lifelong goal is going through a fundamental shift. Due to changing tastes, demographics, high home prices, significant maintenance costs and the diminishing value of country club name cache, many new, younger buyers are

Chuck Epstein 0
05 Aug 2017

Is This Why Bernie Sanders Lost the Dem Nomination?

It’s pretty clear that Bernie Sanders was denied by nomination by the Democratic National Committee and would have made a better candidate than Hillary Clinton to combat Trump. As numerous politicians have noted, the 2016 election was for Hillary Clinton to lose. And she did.  But why was Sanders denied any

Chuck Epstein 0
28 Jul 2017

New Study Again Cites Importance of Low Fund Fees

It is widely regarded in the modern world that the earth revolves around the sun. Now, it is time for more investors to understand that the fees charged to manage your mutual funds in a 401(k) and elsewhere all reduce your net investment returns. There is a direct connection: the

Chuck Epstein 0
19 Jul 2017

Wall Street’s Continued Self Delusion

For highly-trained and well-compensated financial experts who routinely delve into the outer limits of stochastic calculus, Black Scholes and Finite Difference Method techniques of numerical options pricing, Wall Street does a lousy job of gauging public opinion. Like most people who have to give self-evaluations and the old saw that

Chuck Epstein 0
18 Jul 2017

Fidelity Title Insurance to Block Coverage of Cannabis Properties

Fidelity National Title Group, a subsidiary of Fidelity National Financial, the largest title insurer in the world, has issued an underwriting bulletin to its agents in 28 states to not insure any land used “for the production or distribution of marijuana.” According to the memo issued June 29, 2017 by

Chuck Epstein 0
11 Jul 2017

How College Debt Creates Indentured Servants

It’s no secret that college debt is a major factor preventing millions of grads from making a down payment on a house.  It’s also no secret that college debt is at its highest levels than any other time in U.S. history. The surprise is that high housing debts impact a

Chuck Epstein 0
03 Jul 2017

Why Retirement Planners Should Be Depressed

Good workers in a corporate society are commonly expected to bracket their personal biases and emotions when they enter the workplace. While this may be changing as more corporations adopt a “work-life balance” position, the majority of people in retirement planning industry, including writers who regularly cover this topic, have

Chuck Epstein 0
22 Jun 2017

How Bond Traders Lied in the 2008 Housing Recession

This site has never printed an entire news article from another site, but this is a great story about how bond traders lied during the 2007-2008 housing fraud that led to the financial crash. That housing crash was the result of top-down and bottom-up fraud involving realtors, mortgage companies, hedge

Chuck Epstein 0
19 Jun 2017

You Think You Have It Tough? Consider This:

This is an undergraduate who wrote an academic paper we should all get to know: ON THE QUESTION OF BEING Christofer B. Koch ABSTRACT “The question of Being is one of the oldest questions in all of philosophy. It is one of the foundations of metaphysics and is the central

Chuck Epstein 0