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 May 2017

Flynn’s Biggest Punishment: Revoke His Pension

Ask any public employee about their salaries and they will always mention their coveted pension. Public employee pensions are one of the last great perks for this employment sector. It is what keeps trash collections going, airplanes flying and the Pentagon staffed (some say, overstaffed) to its highest levels in

Chuck Epstein 0
12 Apr 2017

What Happens When Corporations Hate Their Own Customers

The current commentary explosion on social media of Chicago airport security guards forcibly pulling a man off a United Airlines plane is deeply disturbing because everyone who has flown can relate to some degree of passenger mistreatment. Of course, we have not been pulled from our seats in a closed

Chuck Epstein 0
03 Apr 2017

Want to Rig the World’s Biggest Market? No Problem.

Want to rig the world’s largest financial market?  No problem. At least that is what prosecutors in the U.S. and the UK are saying when it comes to their charges that three of the world’s largest global banks rigged parts of the $5.3 trillion a day foreign exchange market. Just

Chuck Epstein 0
24 Mar 2017

Fiduciary and Ethical Problems Could be a Minefield for TDFs

The $1.3 trillion Target Date Fund market is not all it’s cracked up to be. That should come as a big surprise to millions of people who own these funds through their employers’ 401(k) plans, as well as other who were sold a simple, easy-to-understand, hands-off investment product that would

Chuck Epstein 1
06 Mar 2017

Trump Declares War Against Investors

It certainly is no surprise that the Trump Administration has declared war on individual investors and will only make it more difficult for millions of Americans to have a financially secure retirement. For millions, there may be no retirement at all or certainly one which will have a lower quality

Chuck Epstein 0
28 Feb 2017

Trump Makes Bribery Great Again

A little-known segment of the Dodd-Frank bank reform bill has been revoked by Trump’s  Republican Congress and it allows major global corporations to do what they do to get business done: bribe foreign governments. The measure to repeal Section 1504 passed by a vote of 52-47 strictly according to party lines

Chuck Epstein 0
23 Feb 2017

What Retirement Crisis Are You Talking About?

The financial media operates 24 hours a day and despite the proliferation of company, market and economic news and endless commentary, financial journalists are avoiding any discussion about the biggest financial crisis facing every American: the retirement crisis. Politicians don’t want us to talk about it since this is the ultimate form of bad news

Chuck Epstein 0
19 Feb 2017

Re-Vitalize Corporate Communications Using the Trump Approach

Face it: the world of corporate communications is pretty unimaginative and bland. It could use some rejuvenation.  And now, this is possible thanks to the cutting-edge communications techniques used by the ranting Commander-in-Chief Donald Trump. No need for any more staid, predictable, stage-managed shareholder meetings and sincere-sounding Letters from the CEO.

Chuck Epstein 0
09 Feb 2017

Judge Rules Conflict-of-Interest Has No Place in Investing, But Investors Must Still Beware

When a federal court judge ruled on Feb. 8, 2017 that the U.S. Department of Labor’s fiduciary rule must still stand despite furious protests from the financial services lobby, it did not mean individual investors would automatically be protected from errant financial rep who continue to sell products that are

Chuck Epstein 0